Assan Alüminyum announced the company is working on a large-scale investment at the recent ALUMINIUM 2018 Show.
Göksal Güngör, General Manager said: "This investment consists of a direct-chill (DC), hot rolling facility. The total estimated value of this project is 900 million dollars. It is forecasted to accommodate 650 additional employees. With this new investment, the production of high-grade alloys would be possible, through which high-value added products for strategic sectors, such as defence, aerospace, marine and other transportation and specialised packaging could be produced. The project also includes an integrated port and an R&D Centre."
He continued: "As many of you may remember, we have announced some of our investments at the Aluminium 2016, right here in Düsseldorf, 2 years ago. So far we installed two new casting lines, in record time, that have started production in the first half of last year, and a foil mill, which has started production at the end of 2017. Five new coil and six new foil annealing furnaces and a world-class, high-precision grinding machine are also part of our completed investment. A high-precision coil-to-coil aluminium slitting line has also been installed and complements the high-capacity coil coating line. With these new expansions, we now have 19 continuous casting lines and 10 foil rolling mills installed. Especially with the addition of the new foil rolling mill, we will now be able to concentrate more on high value-added flexible packaging products."