October 2, 2024

Akçansa

Strategic Partnership Between ODAŞ and Akçansa

ODAŞ, operating in the energy, mining, and tourism sectors, contributes substantially to the economy by repurposing fly ash from its Çan-2 Thermal Power Plant through circular processes. The company has entered into a collaboration with Akçansa, a key player in the cement industry, to undertake the sale of approximately 2 million tons of fly ash.

ODAŞ, operating in the energy, mining, and tourism sectors, has signed an agreement with Akçansa, a key player in the cement industry, to conduct the sale of fly ash. The agreement covers the sale of fly ash, a by-product generated at ODAŞ’s Çan-2 Thermal Power Plant, to be used in cement production by Akçansa. The signing ceremony brought together Ahmet Can, Chair of ODAŞ’s Electricity Production Group and Vice Chair of Suda Strategic Metal Dış Ticaret A.Ş., and Vecih Yılmaz, CEO of Akçansa. 

This collaboration, which involves the sale of approximately 2 million tons of fly ash, aims to contribute to the enhancement of sustainability standards in both the energy and cement industries. With this partnership, ODAŞ takes another step toward minimizing environmental impact and promoting more efficient resource use.

At the signing ceremony, Ahmet Can stated: “We convert the fly ash generated at the Çan-2 Thermal Power Plant into a product that contributes positively to the circular economy. With our policy of using resources as efficiently as possible in line with our sustainable growth goals, we contribute not only to our company but also to the national economy. This collaboration is crucial in fostering greater awareness and encouraging the integration of recycled waste into the economy within our sector.”

Can highlighted that the 340 MWm Çan-2 Thermal Power Plant, which holds an Environmental Permit and License Certificate, is among the few privately owned plants in Türkiye to have earned such a certification. He added: “Our plant stands out among conventional plants with its cutting-edge flue gas treatment system operating at 99.3% efficiency without a bypass function. Additionally, we are among the first coal plants to receive a zero-waste certificate. Our waste management policy contributes to reducing pressure on natural resources and establishes a sustainable supply chain to protect these resources for future generations.”

Can also highlighted that ODAŞ exports fly ash abroad, stating: “Since 2020, we have exported more than 1.3 million tons of fly ash and synthetic gypsum (FGD Gypsum) to the United States, Canada, and European countries.”

Akçansa CEO Vecih Yılmaz commented: “With our vision of becoming Türkiye’s leading sustainable building materials company regarding stakeholder value, we focus on minimizing our environmental impact. Fly ash is a valuable alternative raw material for cement and ready-mix concrete production. It supports resource efficiency while minimizing environmental impact when used effectively in production processes. This initiative aligns with our circular economy approach and will support our climate change strategy. Through this collaboration, we continue to uphold our commitment to the responsible use of resources.”

About ODAŞ

ODAŞ is a group of companies operating in the energy, mining, and tourism sectors. Since its inception, ODAŞ has successfully executed projects with its agile and dynamic structure. Thanks to its sustainable financial management, the company was listed on the BIST 100 Index within five years of its establishment and began trading on the BIST Star Market 50 Index.

ODAŞ owns the Çan-2 Thermal Power Plant in Türkiye, which has a capacity of 340 MWm. With its expertise, dynamic approach, and strong capital structure, the company made its first international investment by establishing a natural gas combined cycle plant in Uzbekistan with a total installed capacity of 174 MWe.

In the mining sector, ODAŞ holds mining licenses and manages reserves of antimony, gold, silver, nickel, and coal. The company continues its mining operations in Türkiye and is one of the few strategic metal producers in Europe and the Middle East.

ODAŞ successfully carries out its current activities with environmental and social sensitivity while closely monitoring new investment opportunities across various sectors in line with its entrepreneurial identity. 

As part of its sustainable growth goals, ODAŞ has also started exploring opportunities in tourism and is launching its first upscale hotel investment in Fethiye.