Sisecam Becomes the Sole Shareholder of Sisecam Cevre Sistemleri

Sisecam will continue support of the recycling ecosystem with the full ownership of Sisecam Cevre Sistemleri.

Founded under a partnership between Sisecam and European Bank for Reconstruction and Development (EBRD) in 2016, Sisecam Cevre Sistemleri has supported industry players on the way to institutionalization by focusing on ecosystem financing. The joint venture company aimed to establish modern facilities that can produce higher quality cullet. It has mediated glass recycling companies in Türkiye to invest in infrastructure and establish state-of-the-art facilities. Sisecam also played an active and pioneering role in the production of quality cullet by establishing its own licensed facility.

Sisecam has been implementing one of Türkiye’s most comprehensive sustainability and social responsibility projects with its "Glass and Glass Again" project since 2011. With the aim of creating a societal behaviour change and supporting the transition to recycling, the company has played an active role in the recycling of 2 million tons of glass cullet. Through sustainability-focused projects and investments, it aims to extend the benefits of glass recycling to the countries in which it operates.

The recycling of glass also promises great future potential. While this potential is expected to gain momentum with the introduction of the deposit refund system in Türkiye, new investments are projected to accelerate in the industry. As the sole owner of Sisecam Cevre Sistemleri, Sisecam will further support its ecosystem while leading the development and growth of the recycling industry with new investments in its facilities.

www.sisecam.com.tr

Image: 
Sisecam will continue support of the recycling ecosystem with the full ownership of Sisecam Cevre Sistemleri.
Published: 
27/04/2023

Hot Topics