Dear stakeholders,
Operating under Akkök Holding, one of Turkey’s longest-established industrial organizations, Akkim Kimya started production in Yalova 45 years ago. We have reached the position of the leading chemical producer of our country in our journey that we embarked on with the mission of “We add value to life with chemistry”. With our family of 1,350 people together with our subsidiaries, our total production capacity of up to 800 thousand tons per year in five different locations and our wide product portfolio, we undertake the solution partnership of various sectors from textile to construction, plastics to food, energy to oil, water treatment to health, and we have a unique, competitive position both in Turkey and Europe.
With our 45 years of rich knowledge and experience, we always see it as our priority to add strength to Turkey’s power in production, employment and exports. While reinforcing our cooperation with our business partners in more than 70 countries on six continents, based on the principles of innovation, mutual trust and friendship, we are making investments that shape our sector in line with our sustainable growth targets.
As we celebrate our 45th birthday this year, we continue our growth-oriented moves. We are pleased to start the investment for the first epoxy resin production facility of our country with a budget of 100 million dollars in Yalova. While our new facility with an area of 50 thousand square meters is fully automatic and integrated, it is the first for Turkey and neighboring countries by offering a raw material that has strategic value for many sectors to our industry. We will create a significant export and foreign exchange inflow potential for Turkey, and we will contribute approximately 200 million dollars annually to the reduction of the current account deficit by substituting nearly 50 thousand tons of imports every year. With our facility, which will start production at the beginning of 2024, we will also create new employment for 100 people.
While realizing our investments that make strategic contributions to our country, we have been keeping our priority on doing our part for the world for 45 years, as a requirement of the responsibility we feel to our stakeholders. As one of the signatories of the United Nations Global Compact, we work with all our strength in economic, social and environmental fields in order to offer a better earth to future generations with the principle of “Sustainability is in our chemistry”.
After 45 years of success, we have exciting new goals ahead of us. We aim to increase our annual exports to 200 million dollars by the end of this year, to double this figure in the next five years and to increase our turnover to over 800 million dollars. In line with our organic and inorganic growth targets, we search for investment opportunities both in Turkey and in different markets around the world, and evaluate opportunities that are compatible with our mission and strategies.
Inspired by our 45-year history, we will continue to work and produce for our country in the light of our mission.
Sincerely yours,
Onur Kipri
Board Member & General Manager
