Daily Sabah Business
The first 15 days of 2018 have witnessed the opening of a $1.5-billion investment in Turkey's capital Ankara. One of the world's largest soda ash production facilities, Kazan Soda Elektrik Üretim A.Ş., which will be the world's largest mining solution and Turkey's biggest cogeneration plant with 380 megawatts (MW) and 400 tons of steam production, opened yesterday with a ceremony attended by President Recep Tayyip Erdoğan and Energy and Natural Resources Minister Berat Albayrak (L). A subsidiary of one of Turkey's largest groups Ciner Group, Kazan Soda Elektrik Üretim A.Ş. will be the biggest heavy soda ash and sodium bicarbonate producer in Europe and will export its entire production.
Speaking at the opening ceremony, President Erdoğan said the facility encompasses mining, chemicals, and power generation operations and the $1.5 billion investment will provide jobs for 2,200 people. "Turkey meets 10 percent of the world's soda ash needs and Europe receives 50 percent of its soda ash needs from Turkey," the president noted. Emphasizing the strategic importance of soda production, Erdoğan said the product is used in a wide array of sectors including glass manufacturing, detergents, and livestock forage.