As one of Türkiye’s leading industrial groups, Kibar Holding is strengthening its green transformation journey through strategic partnerships with the European Bank for Reconstruction and Development (EBRD). In this context, Group company Assan Alüminyum will accelerate its low-carbon production investments with loan support from the EBRD.
In line with its sustainability-focused growth strategy, Kibar Holding is entering a new phase of its comprehensive green transformation process — spanning from industrial production to the supply chain — through its partnerships with the European Bank for Reconstruction and Development (EBRD). Group company Assan Alüminyum will carry out its low-carbon production investments with loan support from the EBRD.
In his statement, Haluk Kayabaşı, CEO of Kibar Holding, emphasized that the multi-dimensional partnership with the EBRD will support Kibar Holding’s goals of reducing environmental impact, strengthening supply chain resilience, and building an ecosystem aligned with international sustainability standards through green investments.
Emphasizing that the partnerships with the EBRD will further strengthen Kibar Holding’s sustainability vision, Kayabaşı stated, “Our partnership with the EBRD demonstrates that Kibar Holding views sustainability not only as an area of investment, but as an integral part of all our business practices. The low-carbon production investments we are implementing at Assan Alüminyum not only reduce our environmental impact, but also represent a concrete reflection of our holistic approach to industrial transformation, encompassing the supply chain and human capital. We aim to extend this long-term value-driven approach across all our Group companies.”
Low-Carbon Production Investments at Assan Alüminyum
Under the agreement, the EBRD will provide Assan Alüminyum Sanayi ve Ticaret A.Ş. with a EUR 20 million long-term loan to finance carbon reduction investments at its Dilovası and Tuzla facilities. These investments include increasing the use of scrap, reducing energy and gas consumption, enhancing efficiency, and optimizing production processes.
The project, which qualifies as a 100% Green Economy Transition (GET) project, stands out for its alignment with the Paris Agreement and the EU Taxonomy. At the same time, Assan Alüminyum also aims to strengthen its human resources policies and practices by establishing a structured support and development framework.
The new investments will increase Assan Alüminyum’s low-carbon production capacity while also strengthening the company’s competitiveness in international markets and its long-term resilience.