In line with the investment projections envisaged within the framework of our company`s 2025-2028 strategic plan, the machinery and equipment procurement contract has been signed for the EGE-1 thermoplastic pipe production facility. The facility, located in Balıkesir Organized Industrial Zone with an approximate area of 27,000 m2, will be commissioned within 3 months.
The contract value for the machinery and equipment with a capacity of 45,000 tons/year within the scope of this investment is USD 5,258,000. The investment is expected to contribute 30% to our existing thermoplastic pipe production capacity. Further developments regarding this investment will continue to be shared with the public in accordance with the relevant legislation.
We hereby submit this information for public disclosure.
