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Erdemoğlu Holding Scrutinizes The Oil Wells in Gabar
Tuesday,
24
December
2024
Tuesday,
24
December
2024
According to the statement released by the holding, as of November, a total of 3 million 425 thousand barrels of crude oil were produced in Turkey, and half of that production is supplied from Gabar. Turkey's highest quality oil is produced in Gabar, where daily oil production exceeds 61 thousand barrels.
It Rose To The Top Knot By Knot! The World's Carpet is from Merinos of Gaziantep
Wednesday,
18
December
2024
Wednesday,
18
December
2024
Merinos, one of the companies of Erdemoğlu Holding, which undersigns 7 out of every 100 carpets sold in the world, has left its Chinese competitors behind in the American and European markets. The company, which weaves approximately 40 million square meters of carpets annually and increases its capacity with new investments, will be offered to the public in mid-2025.
Merinos Carpet Is On Its Way to Public Offering
Tuesday,
17
December
2024
Tuesday,
17
December
2024
25 percent of Merinos Carpet, one of Erdemoğlu Holding's companies, will be offered to the public around mid-next year. İbrahim Erdemoğlu, Chairman of the Board of Directors of Erdemoğlu Holding, who made statements regarding the subject, said they plan to sell 50 percent of the shares to foreign investors.
One In Every 4 Pieces of Carpet In The US And One in Every 3 In Europe Is Our Product.
Tuesday,
17
December
2024
Tuesday,
17
December
2024
As soon as we entered Merinos Carpet's facilities in Gaziantep with İbrahim Erdemoğlu, Chairman of the Board of Directors of Erdemoğlu Holding, we went on the golf vehicles waiting readily for us, and we went on a tour of the plant, which was established on an area of 900 thousand square meters, under the guidance of Mehmet Erdemoğlu, Member of the Board of Directors of the company.
Investments Continue, Winks at the Stock Exchange
Wednesday,
18
December
2024
Wednesday,
18
December
2024
Erdemoğlu Holding plans to offer Merinos to the public by May 2025. The public offering will take place in the form of both partner sales and capital increase. Half of the shares will be destined for foreign investors, while the cash to be generated will be used in ongoing projects.
Carpet Emperor Runs for IPO
Wednesday,
18
December
2024
Wednesday,
18
December
2024
Erdemoğlu Holding, which now produces seven out of every 100 carpets sold in the world, will offer Merinos, which weaves approximately 40 million square meters of carpets per year, to the public. İbrahim Erdemoğlu, Chairman of the Board of Directors of Erdemoğlu Holding, said, "We aim to add half of the public offering proceeds to Merinos' capital and transfer the other half to the holding as a resource. We want to transfer some of that resource to Sasa."
Colossal Investment On The Home Stretch
Tuesday,
10
December
2024
Tuesday,
10
December
2024
Impressions from Sasa's production center in Adana…
Growing With Investment, Winked at Gabar
Tuesday,
10
December
2024
Tuesday,
10
December
2024
Sasa, which aims to reduce Turkey's foreign dependency in the petrochemical sector with the inspiration it receives from oil discoveries, plans to incorporate the Gabar move into its new term plans.
Sasa Champs at the Bit! It Became a Regional Power in Polyester. Now It's Petrochemicals' Turn
Tuesday,
10
December
2024
Tuesday,
10
December
2024
Stating that they have invested a total of 4 billion dollars since 2015 when they acquired Sasa,
Erdemoğlu
Holding Chairman İbrahim Erdemoğlu said, “Ongoing investments will be completed by June 2025.
Becomes the Production Base of Eurasia
Tuesday,
10
December
2024
Tuesday,
10
December
2024
SASA, which has reached a capacity to meet 54 percent of Turkey's polyester needs, has completed its strategic investment that will prevent 1,5 billion dollars of imports.
Investment in Sasa Reaches Four Billion Dollars, Becoming the 'Largest' Excluding India and China
Tuesday,
10
December
2024
Tuesday,
10
December
2024
İbrahim Erdemoğlu, Erdemoğlu Holding Chairman of the Board of Directors, remembered the 2014-2015 period while showing us around the Sasa facilities in Adana, with a group of my colleagues last week:
- Turkey's polyester imports in 2013-2014 were 1,5 billion dollars. It was also among our raw materials at Merinos Carpet. I started to think about the pros and cons of getting into this business.
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