Assan Alüminyum expands capacity
Turkish flat rolled aluminium producer Assan Alüminyum has installed two new casting lines, that have started production in the first half of last year. Furthermore, the subsidiary of Kibar Holding has invested in a state-of-the-art foil mill, which has started production at the end of 2017. Five new coil and six new foil annealing furnaces and a high-precision grinding machine are also part of the completed investment. A high-precision coil-to-coil aluminium slitting line has also been installed and complements the high-capacity coil coating line.
300,000 tons per year
With these new expansions, the company reportedly has 19 continuous casting lines and ten foil rolling mills. Especially with the addition of the new aluminium foil rolling mill, the company – by its own account – is now able to concentrate more on high value-added flexible packaging products.
Celebrating the 30th anniversary of its establishment this year, the manufacturer's installed capacity is reportedly now reaching up to 300,000 tons per year. The company is reportedly one of the third largest aluminium foil producers in Europe. With its 1,500 employees, the manufacturer exports to more than 70 countries and four continents, mainly to West Europe and to North America.
Further investments of 900 million US-dollars
In addition to its recently completed investments, the company is currently planning a large-scale investment, consisting of a direct chill (DC), hot rolling facility. The negotiations are ongoing for this investment project, which is estimated to have a total value of 900 million US-dollars and to accommodate approximately 650 additional employees. With this new facility, in which there is an integrated port and an R&D Center, the company is targeting strategic industries, such as defense, aerospace, marine and other transportation and specialized packaging.