Assan CPLP

completed

Assan Demir ve Sac Sanayi A.S. (Assan Demir or the company) has a series of projects targeting overall energy efficiency improvement in its aluminum processing plant in Tuzla-Istanbul, Turkey. Most of the company’s investments target reducing the heat loss in its melting and casting operations through measures including adjustments to furnace charging practices and furnace design. The company also plans to install variable speed controls on pumps, take measures to improve efficiency of internal lighting; and install a new generation degreasing machine that uses hot water instead of detergents. Together, these “Cleaner Production” investments qualify for funding via IFC’s Board-approved Cleaner Production Lending Pilot, a $20 million facility via which IFC can provide Cleaner Production sub-loans to its existing portfolio clients. Assan Demir, established in 1977 and part of the family-owned Kibar Group, is the largest aluminum sheet, coil, and foil manufacturer in Turkey, and also ranks amongst the top Turkish steel galvanizing companies. Assan Demir is an existing IFC client.