CHICAGO, USA - US-based Bulk Molding Compounds, Incorporated (BMCI), world’s leading producer of thermoset bulk molding materials, announced the opening of a production facility in Turkey. BMC TetraDURTurkey began production this week. Current production is expected to increase quickly due to customer demand in Turkey and the surrounding regions. The Turkish BMC market is growing at a double digit annual rate annually.
The Turkish domestic BMC markets include electrical, appliance and automotive.
In addition to these, there is a strong demand for construction and outdoor applications.
BMC TetraDURTurkey will employ 20 individuals initially and is located approximately 20 miles east of the center of Turkey’s capital, Istanbul. General Manager for the facility is Hakan Unsal of BMCI’s German division, BMC Europe (BMCE).
“We are very excited about this strategic expansion into the dynamic composites market in Turkey. We feel there is significant growth potential with both new and existing customers. This move further demonstrates our commitment to growing our leadership position in the global composites market,” stated Mike Huff, CEO of Citadel Plastics Holdings, Incorporated.
BMCI is a portfolio company of Citadel Plastics Holdings, Incorporated. BMCI was acquired by Citadel in 2008 and since that time the corporation has acquired five additional conglomerates.
Leading producer of thermoset bulk molding materials launches local production