
Chemicals
Akkök Holding's companies operating in the chemicals industry are Aksa Akrilik Kimya Sanayii A.Ş., DowAksa İleri Kompozit Malzemeler Sanayi Ltd. Şti., and Akkim Kimya Sanayii A.Ş. Aksa Akrilik Kimya Sanayii A.Ş was established in Yalova in 1968 to meet Turkey's acrylic fiber needs and launched production in 1971 with a capacity of 5,000 tons/year. Today, Aksa is the "largest acrylic fiber producer in the world" with a production capacity of 315,000 tons/year.
Having entered the carbon fiber market in 2009 with its carbon fiber investment as part of its new product development strategy, Aksa established DowAksa, an equal stake joint venture, with Dow Chemical Holding's subsidiary, Dow Europe Holding BV in 2012.
As of December 31, 2013, it took over Ak-Tops Tekstil Sanayi A.Ş. with all its assets and liabilities, which were a 100 percent subsidiary since August 2013 and the two companies merged under Aksa's roof. With this merger, Aksa aims to further strengthen its position in the industry as the world's largest acrylic fiber producer. Turkey's leading chemical producer, Akkim Kimya A.Ş., is located in Yalova and Çerkezköy in an area of approximately 350,000 square meters. At its high technology production facility, it produces inorganic and organic chemicals, textile auxiliaries, paper and water chemicals, cement grinding chemicals, concrete additives, and construction chemicals as well as chemicals for the personal care and cleaning industry at a level of quality approved by the international market. The company has an annual production capacity of 600,000 tons.
Akkim Kimya made an important investment in 2014 and entered a new market with the acquisition of Gizem Frit, one of the biggest enamel and ceramic frit producers in the world. The company , through this acquisition, aims to expand its market share.