09.11.24
Gaziantep, Turkey
www.mogulsb.com
2023 Nonwovens Sales: $113 million
Key Personnel
Ekrem Kayali, chairman; Ayse Kayali, executive board member; Serkan Gogus, CEO; Ersin Kosker, COO
Plants
Gaziantep, Turkey; Durabey-Istanbul, Turkey
Processes
Spunbond (including bico and microfilament technologies), meltblown, spunlace, extrusion coated/laminated fabrics, welded fabrics, converting
The combined effects of declining demand and excess capacity, particularly in polypropylene spunbond and spunlaced nonwovens, contributed to decreased sales for Mogul Nonwovens. The company reported sales of $113 million in 2023, compared to $141 million in 2022.
“Capacity in Turkey more than doubled, which created an overcapacity which created a price war and profit erosion,” says CEO Serkan Gogus. “Also, high inflation has negatively affected results.”
The biggest challenges have been felt in the spunlace market, where Mogul offers substrates based on a range of technologies and raw materials, all made in Turkey, because of aggressive pricing conditions in the wipes market, the largest market for spunlace. “Price levels are low and line capacities are high and we see the biggest problem in Turkey as major investments are here,” Gogus adds.
In defense of these conditions, Mogul has focused on value-added and niche products as well as a diversified product range. The company offers seven technology platforms that create a variety of markets and customers and allows Mogul to focus more on value than volume and offer value-added products. Much of these developments are made at Mogul’s government-recognized research and development center, located in Turkey, in collaboration with suppliers, universities and customers.
Recent technological developments include a specialty grade of its Madaline microfilament nonwovens, called Madaline Ultraleather, which is a leather-like material offering a fabric feel. This material continues to target clothing and home textile applications. Additionally, Mogul’s Durell, a bicomponent material, now includes some unique grades made from UHMWPE. The result is a product with unique ballistic properties and puncture resistance that can be used for military applications and also for upholstery and protective footwear, climbing gear, cycling wear, anti-vandal products and protectors for a wide range of industries. Recently, the company has expanded its offerings in this market with the introduction of new sustainable grades.
Additionally, Mogul has expanded sustainable product options with the launch of Repreve nonwovens featuring recycled and other greener raw materials like bio-PET, bamboo, linen and hemp.
“We are seeing a demand from the market for sustainable products and I believe with legal regulations this process will be accelerated,” Gogus says. “We are working on all product groups to develop sustainable product offerings and transform technologies to serve this target. We started working with a consulting firm for calculating and reporting our carbon and water footprint. This will also help us to understand points to develop and transform the business.”
www.mogulsb.com
2023 Nonwovens Sales: $113 million
Key Personnel
Ekrem Kayali, chairman; Ayse Kayali, executive board member; Serkan Gogus, CEO; Ersin Kosker, COO
Plants
Gaziantep, Turkey; Durabey-Istanbul, Turkey
Processes
Spunbond (including bico and microfilament technologies), meltblown, spunlace, extrusion coated/laminated fabrics, welded fabrics, converting
The combined effects of declining demand and excess capacity, particularly in polypropylene spunbond and spunlaced nonwovens, contributed to decreased sales for Mogul Nonwovens. The company reported sales of $113 million in 2023, compared to $141 million in 2022.
“Capacity in Turkey more than doubled, which created an overcapacity which created a price war and profit erosion,” says CEO Serkan Gogus. “Also, high inflation has negatively affected results.”
The biggest challenges have been felt in the spunlace market, where Mogul offers substrates based on a range of technologies and raw materials, all made in Turkey, because of aggressive pricing conditions in the wipes market, the largest market for spunlace. “Price levels are low and line capacities are high and we see the biggest problem in Turkey as major investments are here,” Gogus adds.
In defense of these conditions, Mogul has focused on value-added and niche products as well as a diversified product range. The company offers seven technology platforms that create a variety of markets and customers and allows Mogul to focus more on value than volume and offer value-added products. Much of these developments are made at Mogul’s government-recognized research and development center, located in Turkey, in collaboration with suppliers, universities and customers.
Recent technological developments include a specialty grade of its Madaline microfilament nonwovens, called Madaline Ultraleather, which is a leather-like material offering a fabric feel. This material continues to target clothing and home textile applications. Additionally, Mogul’s Durell, a bicomponent material, now includes some unique grades made from UHMWPE. The result is a product with unique ballistic properties and puncture resistance that can be used for military applications and also for upholstery and protective footwear, climbing gear, cycling wear, anti-vandal products and protectors for a wide range of industries. Recently, the company has expanded its offerings in this market with the introduction of new sustainable grades.
Additionally, Mogul has expanded sustainable product options with the launch of Repreve nonwovens featuring recycled and other greener raw materials like bio-PET, bamboo, linen and hemp.
“We are seeing a demand from the market for sustainable products and I believe with legal regulations this process will be accelerated,” Gogus says. “We are working on all product groups to develop sustainable product offerings and transform technologies to serve this target. We started working with a consulting firm for calculating and reporting our carbon and water footprint. This will also help us to understand points to develop and transform the business.”
