Seydiehir Eti Aluminum, a Turkish company located in the Central Anatolian province of Konya, is aiming to increase its production capacity with a $250 million modernization investment, according to an executive.
The company is hoping to increase its raw aluminum production capacity from 60,000 tons to 70,000-95,000 tons with the new investment, Director General Mehmet Arkan told Anatolia news agency Wednesday.
Eti Aluminum is among the leading integrated aluminum facilities in the world, Arkan said. Turkey's raw aluminum consumption is nearly 700,000 tons annually.
Eti Aluminum's annual production is 60,000 tons.
Noting that Eti Aluminum was privatized in 2005, Ar?kan said they had begun to take important steps by establishing information, engineering and technological infrastructure following the privatization.
Arkan said Eti aimed to implement its ongoing projects within the next four to five years, adding that the firm was working on some chemically processed mid-products to support the defense industry.
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