750 Million Dollars Turnover Target By Ak-Kim

Ak-Kim which set off with four employers and one thousand ton capacity in 1977 and reached 850 person employment and 800 thousand tons capacity today targets 750 million turnover in 2023.

  30 October 2017 01:00 Monday
750 Million Dollars Turnover Target By Ak-Kim

Ak-Kim which is one of Turkey’s important players at chemical industry and depends on Akkök Holding gave 300 million dollars investment gospel until 2023. At the press release held within the scope of 40th anniversary celebration by Onur Kipri, General Director of Ak-Kim, significant evaluations were given place about 2023 targets of the group.

Ahmet Dördüncü, Chief Executive Officer of Akkök Holding and Raif Ali Dinçkök, Deputy Chief Executive Officer of Akkök participated to the press release. Ahmet Dördüncü says they target to close 2% of current deficit of Turkey as being Akkök Holding until 2023. Mr. Dördüncü also says “Development level at chemical industry is directly proportional to the development level of the countries. When we look at Turkey, we see that chemical sector is the third one which carries out the most export after automotive and ready- made clothings sectors. But chemical sector has 25 billion dollars share at Turkey’s foreign trade deficit. Therefore our priority at chemistry is to develop value- added innovative products”

Raif Ali Dinçkök tells that Ak-Kim transfers its 40 years’ experience and knowledge to the companies abroad by establishing turnkey chemical companies abroad. Mr. Dinçkök gave place to the following statements “We established Chlorine Alkali Facility in Jordan in 2002 and 2004 and activated successfully. Again we established two separate Chlorine Alkali Facility in Saudi Arabia in 2008, Hydrogen Peroxide Facility in Pakistan in 2007, Hydrochloric Acid Facility in Greece in 2011, Chlorine Alkali Facility in Algeria in 2012 and Iron III Chloride Facility in Algeria in 2014.”

“We Target To Gain More Power At The Markets We Exist”

Onur Kipri, General Director of Ak-Kim, who shared information about the future targets of the group in his speech, said the following “When we reach 100th of Republic, that’s to say in 2023, we want Ak- Kim to have the position having 750 million dollars turnover company. Ak-Kim which has maintained its organic and inorganic growth healthily for 40 years will evaluate the new company purchasing opportunities. We target to gain more power at the markets we exist.”

Onur Kipri, General Director of Ak- Kim, who underlines that Turkish chemical industry employs 300 thousand people, also says “When we consider them with their families, 1 million 200 thousand people earn their keep with this sector directly. But sector has important problems. Dependence to abroad at raw material causes chemistry to be the second sector that chemistry gives the most foreign trade deficit. In order to meet this deficit, our sector need to focus on value- added high performance chemicals, R&D and innovation and petrochemistry products.”


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