Sumgait, Azerbaijan — Turkish sandwich panel maker Assan Panel has teamed up with Azerbaijan’s Sumgait Technologies Park (STP) to set up a joint venture, Assan Panel-STP Azerbaijan. It is located in Sumgait, on the Azeri Caspian Sea.
Tolga Akar, the general manager of Assan Panel, told local daily Hurriyet the project will enable the Azeri production facility to export to Central Asia and the Caucasus, as well as Russia and various Asian countries. The products will be sold under the Assan Panel brand.
Opened in 2019, the Azeri plant currently makes PU and rockwool sandwich panels. Fitted with equipment supplied by Germany’s KraussMaffei, it has an output capacity of 306m2 of PU sandwich panels and 180m2 of rockwool sandwich panels per hour, according to data from STP.
In Turkey, Assan Panel says its production capacities include a plant in Iskenderun with an annual capacity of 3 km2/year of sandwich panels, a factory in Balikesir with similar capacity, and its main facility in Istanbul, which can make 18 km2/year.
The development marks another foreign investment by Assan Panel, following a project in Jordan where it opened a plant in 2012 that can make 4.5 km2/year of sandwich panels.
With an indoor floor area of 6,500 m2 and a further outdoor area of 10,000 m2, the Jordanian plant is the largest sandwich panel producer in the Middle East, according to the Turkish manufacturer.