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Tag Archives: investments
Şişecam Reported Investment Spending of TRY 2.6 Billion In 2021
Turkish glass manufacturer Şişecam announced its financial results for 2021. Şişecam’s 2021 consolidated net sales totaled $2.3 billion* while investment spending in the reporting period amounted to $190.7 million*. In 2021, Şişecam produced 5.6 million tons of glass, 2.3 million … Continue reading
Andersen Invests in Transparent Solar Technology Developer
Andersen Corp. announced a strategic investment in Ubiquitous Energy, a developer of photovoltaic technology that converts light into electricity using semiconductor materials while maintaining visible transparency. Jay Lund, chairman and CEO of Andersen Corporation calls it “revolutionary and represents a … Continue reading
Şişecam and Ciner Group to Invest Billions in U.S. Soda Ash Industry
Şişecam and Ciner Group, Turkish-origin global companies, will co-invest $4 billion in the U.S. soda ash industry, according to a press release. As part of the new investment plan, Şişecam will become a 60% shareholder by acquiring an additional share … Continue reading
IFC Invests in NSG Group
The International Finance Corp. (IFC), a member of the World Bank Group, announced an investment of $40 million in NSG UK Enterprises Ltd. (NSG UK), a long-standing IFC client and a member of the NSG Group—a manufacturer of glass and … Continue reading
