· Leading Sodium
Sulphate producer in the world... Alkim Kimya is a
mining/chemicals company and is one of the leading Sodium Sulphate producers in
the world (5th). Beside natural Sodium Sulphate, the company produces salt (raw
and refined) and is in the paper production business with its 79.93% subsidiary
Alkim Kagit (Alka) <ALKA TI> (fully consolidated). Alkim meets most of the
domestic demand with around 85% market share and is the sole natural and high
quality Sodium Sulphate producer in the region.
· … is up for sale
now... On 17 October
2012, Alkim Kimya shareholders (Kora Family) mandated an investment bank for the
possible sale of 67.28% total stake in the company. We believe Alkim to generate
significant investor interest given its valuable assets and unique strategic
position being a regional player. Sodium Sulphate demand is strong in Turkey and
abroad. Alkim expects strong demand in coming years as a result of soaring
detergent consumption. The company works with almost all detergent producers
like Unilever, P&G etc, which have production facilities also in the
neighboring countries.