Breaking News

Ontex opens factory in Turkey

October 8, 2013

Hygiene products manufacturer Ontex has opened its $30 million factory in Turkey’s Istanbul. Located in the Silivri district, the plant will manufacture Canbebe branded hygiene products, the business which the Belgian company acquired from Turkish Astel Kagitcilik in 2000.

“Our investment in Istanbul is an indicator of our strong confidence in Turkey. Ontex believes in Turkey’s potential and future as such Turkey is now in the list of the few countries that we have manufacturing operations in,” said Ontex CEO Charles Bouaziz at the opening ceremony of the factory that will create 500 jobs.

Turkey’s Minister of Economy, Zafer Caglayan, attending the opening, said that Turkey had led the European economies in GDP growth for the second quarter.

“Turkey has attracted over $127 billion of foreign investment over the last 10.5 years, some 75% of that amount originated in Europe,” said Caglayan, adding that Turkey’s stability, potential and the investment incentives were critical in attracting foreign companies. Caglayan also called on to the Belgian company to set up a regional management center as well as a research and development facility in Turkey.

Turkey’s economy has grown by 4.4% in the second quarter of 2013, the highest growth among European economies. The growth rate for the first half of the year was 3.7%.

  • 2015 International Buyers Guide

    2015 International Buyers Guide

    July 21, 2015
    Our annual Buyers’ Guide lists nearly every supplier and producer involved with the global nonwovens industry.

  • Raw Materials Round Up

    Raw Materials Round Up

    Karen McIntyre, editor||June 8, 2015
    Suppliers create additives, preservatives and other specialties to help nonwovens makers meet their goals.

  • Keeping It Clean

    Keeping It Clean

    Tara Olivo, associate editor||June 8, 2015
    Convenience and continued innovation keeps the household wipes market thriving.