AKKOK HOLDING PREPARES FOR NEW INVESTMENTS

Akkok Holding, which operates in chemical, real estate, and energy sectors, is preparing for new investments and acquisitions at home and abroad in 2022, according to Ahmet Dorduncu, CEO and Board Member of Akkok Holding. The company has focused on long-term investments that will make a sustainable contribution to its growth. “We’ll continue supplementary investments which comply with our strategy. We will also make further acquisitions in the future,” said Dorduncu. The holding ’s carbon fiber subsidiary DowAksa will soon establish a new production line which will expand capacity. Its acrylic fiber subsidiary Aksa Akrilik will also make operational a new yarn manufacturing plant, the value of which is USD 27.5m. “Our chemicals producer, Akkim, may make a new acquisition in Europe in 2022. As a holding company, we’ve done investment planning totaling USD 300m through the end of the year,” said Dorduncu.