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Tosyali to spend USD 3.5 billion to grow in steel an energy-弹簧展-2015第十六届广州国际弹簧工业展览会-全球最大弹簧展会-巨浪展览-The 16th China(Guangzhou)Int’l Spring Industry Exhibition
12/3/2014 弹簧展- -全球最大弹簧展会- Spring Industry Exhibition |
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Bloomberg reported that Tosyali Holding AS, a Turkish steelmaker, is investing about USD 3.5 billion in mills and power plants as it expands in Algeria and adds a specialized steel plant with Toyo Kohan Company for food packaging in Turkey.
Mr Fuat Tosyali chairman of Tosyali Holding said that “The company is investing USD 1.3 billion to expand capacity at an ore to steel plant in Algeria. The steelmaker also plans USD 1.7 billion, 1,300 MW power plant that will burn imported coal in Iskenderun, on the eastern Mediterranean coast of Turkey and where Tosyali is based.”
Mr Tosyali said that “The company’s joint venture with Toyo Kohan is investing USD 425 million in the packaging steel plant in Osmaniye, in the south of the country. We want to grow in Turkey but also benefit from the growth of other countries. Most of those investments are planned for 2015.”
弹簧展-2015第十六届广州国际弹簧工业展览会-全球最大弹簧展会-巨浪展览-The 16th China(Guangzhou)Int’l
Spring Industry Exhibition
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