Strategic investment from OYAK to India

Almatis integrates tabular alumina plant in Falta, India.

The world’s largest alumina producer Almatis, which is part of the OYAK Group companies, has integrated the tabular alumina plant in India’s Falta region.

According to the statement made by OYAK, OYAK will grow in the Southeast Asian market with its Falta facility, where semi-finished products will be produced from now on.

The tabular alumina plant in Falta, which OYAK has integrated backwards, was a fitting response to the Indian government’s call to ‘Make in India’ for manufacturers. With this investment, Almatis has integrated the entire tabular alumina production process in India, where it previously supported some of its production with its own global operational network and has been operating since 1995.

The development process of the facility, which is established on a total area of 32 thousand 300 square meters, with the latest technologies was completed in approximately 2.5 years. OYAK, which has recently focused on foreign investments in the sectors in which it operates, expects the Falta facility to contribute $40 million to the turnover in the first place.

‘Our integrated production facility in India is concrete proof of OYAK’s power and greatness’

OYAK General Manager Suleyman Savas Erdem, whose views are included in the statement, noted that the new investment of Almatis, the world market leader in the specialty alumina product group, is a result of the vision and growth strategy put forward by OYAK.

Emphasizing that while determining OYAK’s vision for the future, they set the goal of becoming a global player, Erdem said, “In recent years, we have taken strong steps to achieve this goal in line with our growth strategy. Today, we produce uninterruptedly 24 hours a day in different sectors and maintain our leading role in the fields in which we operate. We are proud of the success we have achieved by putting our strategic decisions into practice. Our integrated production facility in India is the tangible proof of OYAK’s power and greatness.”

Erdem stated that Almatis will increase its production volume in India, which is considered a virgin area in the refractory market, with this investment, and continued saying, ‘We implemented the ‘Falta facility’ in a large geography such as India, one of the fastest growing countries in the world, with the understanding of ‘the right investment in the right market’. We will meet the demands of the Southeast Asian market with tabular alumina to be produced at the facility.’

Falta investment is just the beginning

According to the information given, OYAK’s Falta investment will be an important milestone for the supply of tabular alumina to the Indian market.

By localizing its operations, Almatis aims to be more compatible with the Indian market, thus managing fluctuations in market demand more successfully.

The Falta investment is the beginning of the efforts to expand its operational footprint in the Indian market, which was once seen as a ‘big leap’ for Almatis.

Source: AA / Translated by Irem Yildiz

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