Skip to main content

Sısecam Calls The Soda Ash Industry For Collaboration

Sisecam Shares Its Strategic Goals in Soda Ash at the World Soda Ash Conference

Sisecam CEO Görkem Elverici

Sisecam CEO Görkem Elverici
Sisecam CEO Görkem Elverici

Sisecam, a global player in the glass and chemicals industry, participated in the World Soda Ash Conference held in Malta from October 9-11, 2024. Sisecam’s CEO, Görkem Elverici, shared the company’s growth journey in soda ash and called on industry representatives to collaborate on common goals.

ISTANBUL, Oct. 14, 2024 (GLOBE NEWSWIRE) — As one of the world’s top three soda ash producers, Sisecam came together with key industry leaders at the World Soda Ash Conference, where it was the event’s foundational sponsor. During the conference, Sisecam CEO Görkem Elverici outlined the future potential of the soda ash industry and presented Sisecam’s strategy for steering the sector towards sustainable growth. He highlighted the company’s growth journey and strategic targets in soda ash, emphasizing the importance of collaboration among industry players.

In his speech, Görkem Elverici emphasized the significant growth potential of soda ash: “Soda ash is expanding its applications beyond traditional industries like glass and detergents, finding new uses in high-tech sectors such as automotive due to the rising demand for lithium batteries. Looking ahead, we foresee sustainable growth in the soda ash market. We estimate that global soda ash demand, currently at 66 million tons, will rise to 83 million tons by 2030. Furthermore, the shift toward natural soda ash, which offers sustainability advantages, will alter the growth dynamics in the sector. Sisecam is strengthening its presence in this area through strategic investments and capacity expansions.”

Elverici continued, “Sisecam is a key player in the global soda ash market, thanks to our extensive production network, robust supply chain, and sustainability practices. In addition to being recognized as one of the world’s top three soda ash producers, we also rank among the top five in soda ash consumption. This demonstrates our strong and privileged position in the soda ash value chain. By focusing on operational excellence and resource efficiency, we are enhancing our production and distribution capacity, while placing a strong emphasis on customer-driven innovation. However, as an industry, we must also develop eco-friendly solutions such as reducing water usage and recycling wastewater to ensure a sustainable future. I believe we can collaborate with our industry partners on initiatives like the transition to green energy, the development of efficient business models, and the collective use of logistical resources. This joint effort will allow us to reduce costs, lower carbon emissions, and take more sustainable steps forward. I encourage all stakeholders to unite in building a sustainable, innovative, and resilient soda ash industry.”

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/23752d65-ebce-41ea-841e-4e021bf9f788

CONTACT: Contact:
Ayşegül Akyarlı
AAKYARLI@sisecam.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.