Istanbul – Türkiye-based PU systems producer Flokser Kimya is advancing construction work on a new storage facility in Istanbul, the country’s largest city. The investment is estimated to be worth some TRY 540m (€26.7m), and it is related to the company’s plans to ramp up its output capacities.
Under the plan, the new logistics centre in Istanbul’s Hadımköy district will be built on an area of 105,000m2. Construction work on the project is expected to be completed this May, according to information obtained by local news site STendustri.
Ekin Tükek, the general manager of Flokser Kimya, said that the company has been gradually expanding its output capacities over the past few years amid a growing demand for its products, also from abroad.
“Flokser Kimya exports to 55 countries, mainly located in Europe, Africa, the Middle East, and also to Russia. With its multidisciplinary capacities and knowledge of processes based on 40 years of industrial and 20 years of chemical industry experience, Flokser Kimya is among the largest polyurethane, polyurea and polyester manufacturers in our country today,” said Tükek.
Flokser Kimya initially launched its operations as a wallpaper manufacturer before the company started to gradually add other chemical products to its portfolio.
As part of its expansion strategy, last year, Flokser Kimya unveiled plans to invest about TRY 846m (€41.9m) to open a new production facility in the Tarsus organised industrial zone, in the south of Türkiye. The designed factory will make a range of new products for sectors in which they firm is currently not active, and it will also export a share of its output, according to senior company representatives.
Located on a land plot of some 63,000m2, the planned factory in Tarsus is to house production, research and office areas, and it will consist of a closed facility with a floorspace of about 30,000m2, as indicated by figures from the Turkish business.
Headquartered in Istanbul, Flokser Kimya producer supplies its output to businesses active in a number of sectors. This comprises the construction, furniture, automotive parts, insulation, home appliances, flooring, and shoe industries, among others.
In 2019, the Istanbul-based producer reached an annual output capacity of some 100kt per year, according to data released by Flokser Kimya.