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Şişecam Breaks Ground for First European Glass Packaging Facility in Hungary
Şişecam held a groundbreaking ceremony for its $281.1 million* greenfield glass packaging facility in Kaposvar, Hungary, on March 17. The facility is Şişecam’s first glass packaging production site in Europe and will allow the company to easily introduce its glass … Continue reading
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Tagged Europe, glass, Glass Packaging Facility, glazing, Hungary, Şişecam
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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
Şişecam Wins Alexander Hamilton Award
Şişecam is a 2022 finalist in the Treasury Transformation category at the Alexander Hamilton Awards. Awards will be presented in March 2022. The company has production operations in 14 countries and a sales network in 150 countries. It has digitized … 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
Şİsecam to Found Global Joint Venture with Biotechnology Company
Şişecam signed a memorandum of understanding to found a global joint venture with 7CBasalia, the owner of Basalia Technology, a company touted as “groundbreaking solution in the green and circular economy space” and a Turkish innovation in bioeconomics. With the … Continue reading
