Publication Date:
Sat, 2011-06-25 01:00
The company also plans to invest in Iraq.
“We are focusing on Iraq. If you consider the high need for construction, priority will be given to flat glass,” Kirman said.
Kirman said Sisecam is evaluating investing in China, Greece and Egypt in addition to Iraq.
The companies’ growth plans also include holding an initial public offering in Russia for its local unit and also listing its Turkish units on the Istanbul stock exchange.
Kirman gave no further details of the IPO plans.
Istanbul-based Sisecam targets 15 percent sales volume growth in glass this year, Kirman said.
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