Şişecam’s First Quarter 2026 Net Sales Reached TRY 57.5 Billion

Şişecam, a global player in the glass and chemicals sector, achieved net sales of TRY 57.5 billion in the first quarter of 2026. The company's international sales accounted for 61% of total sales, while investments reached TRY 5.7 billion.

Şişecam completed USD 228 million in exports during the first three months of the year while maintaining strong operational performance. In this period, the company produced 1.3 million tons of glass, 1.1 million tons of soda ash and 0.9 million tons of industrial raw materials.

"2026, a year testing resilience"
Şişecam Chief Executive Officer Can Yücel evaluated first quarter results while drawing attention to the challenges of the global economic outlook:

"2026 began with geopolitical developments, concerns regarding energy supply and inflationary pressures. Particularly, tensions in the Middle East are creating new cost pressures on a global scale. This situation requires companies to build more resilient and flexible structures."

Yücel stated that Şişecam continued its risk-focused and balanced management approach during this period thanks to its global operational strength and value-added product portfolio.

Investments support growth
Yücel emphasized that the company started 2026 with strong investments and drew attention to growth initiatives in Europe. He noted that the first furnace at the glass packaging facility in Kaposvár, Hungary was brought on line, and that new coated glass lines opened at flat glass facilities in Bulgaria and Italy doubled the company's coating capacity in Europe.

In Turkey, the TR9 line was commissioned at the flat glass investment in Mersin Tarsus, reaching annual gross capacity of 432,000 tons. This investment positioned Şişecam as one of the world's largest flat glass production complexes.

Additionally, production resumed at the flat glass facility in northern Italy following completion of planned maintenance and cold repair work. This process was said to have made a positive contribution to the company's profitability through capacity optimization.

Strong demand on the financing side
Yücel also mentioned steps taken on the financing side, disclosing that a Eurobond issuance of USD 500 million was completed through a subsidiary in the United Kingdom at the beginning of the year.

This issuance, which attracted USD 1.7 billion in demand, demonstrated international investors' confidence in the company, while the long-term funding secured was said to have strengthened liquidity management.

Focus for the rest of the year: efficiency and value creation
Şişecam aims to continue disciplined management practices for the remainder of the year, maximizing returns from new investments and increasing profitability.

The company is focused on expanding its value-added product portfolio, strengthening its customer-centric approach and advancing its position in global competition.

About Şişecam
Founded by Türkiye İş Bankası in 1935, Şişecam is today a global player in the glass and chemicals sectors.

The company operates production facilities in 13 countries across four continents and ranks among the world's leading manufacturers in areas such as flat glass, glassware, glass packaging and chemicals. Exporting to more than 150 countries, Şişecam continues its operations with more than 23,000 employees.

In line with its CareForNext strategy, the company has strengthened its sustainability focus and continues its global growth through innovation and technology investments.