{"id":62297,"date":"2025-06-23T16:20:40","date_gmt":"2025-06-23T13:20:40","guid":{"rendered":"http:\/\/www.textilegence.com\/?p=62297"},"modified":"2025-06-23T16:25:04","modified_gmt":"2025-06-23T13:25:04","slug":"akkok-holding-targets-over-500-million-dollars-in-investments-this-year","status":"publish","type":"post","link":"https:\/\/www.textilegence.com\/en\/akkok-holding-targets-over-500-million-dollars-in-investments-this-year\/","title":{"rendered":"Akk\u00f6k Holding targets over 500 million dollars in investments this year"},"content":{"rendered":"\n<p>Akk\u00f6k Holding, one of the industrial <a href=\"https:\/\/akkok.com.tr\/en\/\" target=\"_blank\" rel=\"noreferrer noopener\">enterprises<\/a> operating in chemicals, energy, real estate and <a href=\"https:\/\/www.textilegence.com\/en\/category\/topical\/\" target=\"_blank\" rel=\"noreferrer noopener\">textiles<\/a> and many more industries, has positioned 2025 as a transformative year with its strategies of indigenization in technology, increasing its export power and expanding its market share. The Holding is preparing to realize its new project in the real estate sector as well as investments and acquisitions in the chemical and textile industries.\u00a0<\/p>\n\n\n\n<p>The Holding plans to reinforce its sustainable growth targets and increase technology-oriented investments. At the forefront of these strategic moves are a special fiber produced by Aksa Akrilik, a subsidiary of the Holding, which is used in industries such as defense and automotive, and Akkim Kimya&#8217;s first domestic epoxy resin production facility.&nbsp;<\/p>\n\n\n\n<p>Akk\u00f6k Holding CEO \u0130hsan G\u00f6k\u015fin Durusoy shared the group&#8217;s future plans with journalists and said that they are taking strategic steps to reduce T\u00fcrkiye&#8217;s current account deficit and increase its export power. Stating that they plan to invest over 500 million dollars in total in 2025, Durusoy noted that they are targeting a turnover of approximately 4.5 billion dollars and exports of 832 million dollars at the end of the year.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-akkok-holding-to-fully-acquire-dowaksa-nbsp\"><strong>Akk\u00f6k Holding to fully acquire DowAksa<\/strong>&nbsp;<\/h2>\n\n\n\n<p>Durusoy stated that the acquisitions continued after Epsilon Composite and that they signed a binding share transfer agreement to acquire a 50 percent share of DowAksa for 125 million USD. \u201cWith this transaction, which will be realized for 125 million USD, Aksa Akrilik will fully own DowAksa, in which it has been a 50-50 percent partner since 2012. We expect the process to be finalized in the third quarter of 2025 after the required permits are obtained and the closing conditions are completed,\u201d he said.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Durusoy stated that with this step, the holding further strengthened its strategic position in advanced material technologies, and emphasized that their global competitiveness in the field of carbon fiber, a strategic product, will increase: \u201cWith our investments, we both reduce T\u00fcrkiye&#8217;s dependence on foreign imports and increase its export power.\u201d&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-aksa-akrilik-will-reach-an-annual-capacity-of-500-tons-nbsp\"><strong>\u201cAksa Akrilik will reach an annual capacity of 500 tons\u201d<\/strong>&nbsp;<\/h2>\n\n\n\n<p>Stating that they focus on strategic productions that will increase T\u00fcrkiye&#8217;s export capacity and reduce foreign dependency in the field of chemistry and advanced materials, Durusoy said: \u201cAksa Akrilik&#8217;s UHMWPE (ultra-high molecular weight polyethylene) fiber production, one of the concrete outputs of our R&amp;D efforts, will have a capacity of 350 tons\/year with the Mithra investment to be commissioned this year, and will gradually expand to reach an annual capacity of 500 tons. The 20 million dollars of investment is of great importance in terms of reducing foreign dependency in critical sectors such as defense, automotive and technical textiles.\u201d&nbsp;<\/p>\n\n\n\n<p>He explained that Akkim Kimya has also established a domestic epoxy resin production facility with an investment of EUR 150 million in the same direction and noted: \u201cThis facility, the first phase of which will be commissioned in 2025, will prevent imports of 150-200 million dollars annually and contribute to reducing the current account deficit.\u201d&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Akk\u00f6k Holding, one of the industrial enterprises operating in chemicals, energy, real estate and textiles and many more industries, has positioned 2025 as a transformative year with its strategies of indigenization in technology, increasing its export power and expanding its market share. The Holding is preparing to realize its new project in the real estate [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":62300,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16100],"tags":[10627,10223,10137,10369,12450],"class_list":{"0":"post-62297","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fiber-and-fabrics","8":"tag-aksa-akrilik-en","9":"tag-fibre","10":"tag-investment","11":"tag-textile-news-en","12":"tag-topical"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Akk\u00f6k Holding targets over 500 million dollars in investments this year - Textilegence<\/title>\n<meta name=\"description\" content=\"Akk\u00f6k Holding, one of the industrial enterprises operating in chemicals, energy, real 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