Press Releases

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Total Sales of Tüpraş in Q1 2019 Reached 7.2 Million Tons

Tüpraş, Turkey's leading industrial company, has announced its Q1 2019 financial results. Tüpraş successfully fulfilled its responsibility in meeting the fuel need of Turkey by supporting its production operations with a strong balance sheet and effective financial risk management policies.

Tüpraş increased its crude processing capacity to 30 million tonnes as a result of its modernization and revamp investments

Tüpraş, the leading industrial corporation of Turkey, increased its total crude processing capacity from 28.1 million to 30 million tonnes as a result of its modernization and debottlenecking investments since 2017. İbrahim Yelmenoğlu, General Manager of Tüpraş, said, “As Tüpraş and the leader of industrialization in Turkey, we carry on with our development thanks to our strong and dynamic structure and modernization investments. We continue to create an added value for our shareholders, partners and country by investing in accordance with our strategies to increase our energy efficiency, production capacity and profitability.”

Turkey’s innovation leader is also Tüpraş

Tüpraş won the first prize in “Innovation Strategy” category during the Innovation Week. Levent Çakıroğlu, the CEO of Koç Holding, received the award, which was given for İnovaLİG, the first innovation development program of Turkey, from Ruhsar Pekcan, the Minister of Trade, and İsmail Gülle, the Chairman of Turkish Exporters Assembly.

Children of Batman have celebrated April 23 With Tüpraş Batman Refinery Children’s Festival

The 11th of Tüpraş Batman Refinery Children’s Festival, which has become a tradition, has been organized with 1500 children aging from 7 to 10.

One More Incentive to Tüpraş from EU Horizon 2020 for a CO2 Utilization Project

Tüpraş participated in the “COZMOS” R&D project, which received the highest score among the project applications for the ‘Conversion of Captured Carbon Dioxide’ call and was entitled for support in the scope of Horizon 2020 Program, the most important research and innovation program of Europe.

Tüpraş is now the biggest Jet Fuel Supplier of Istanbul Airport

Tüpraş will sell 1.8 million tonnes jet fuel per year to Istanbul Airport for a period of 5 years as a result of the tender, organized by IGA Istanbul Havalimanı Akaryakıt Hizmetleri A.Ş.

Tüpraş Won 2 Awards in Industrial Energy Efficiency Competition

Tüpraş, aiming to use energy in the most efficient way for fuel production, won two awards in “Industrial Energy Efficiency Project Competition” in the 10th Energy Efficiency Forum and Fair, organized by the Ministry of Energy and Natural Resources.

Fatih Dönmez, the Minister of Energy and Natural Resources, Met with Energy Giants

Petroleum Istanbul Fair, one of the largest and most visited fairs of the world in its area, was held with the attendance of Fatih Dönmez, the Minister of Energy and Natural Resources. After the opening ceremony, Fatih Dönmez, the Minister of Energy and Natural Resources, visited the joint stand of Aygaz, the leading brand of LPG industry, OPET, the customer satisfaction leader of fuel distribution sector, and Tüpraş, the largest industrial enterprise of Turkey, and received information from the represenatives of the companies.

Ömer M. Koç, Chairman of Board of Directors of Koç Holding and Tüpraş

Successfully managing its operations within the framework of strong risk policies in 2018, Tüpraş has managed to maintain its working capital and strong balance sheet, recording a net profit of 3.8 billion USD. Tüpraş continued to invest in sustainability in 2018, with its total investments in refining exceeding 6 billion USD.

The R&D project of Tüpraş is entitled for the highest incentive at a time from EU Horizon 2020

Tüpraş has become the Turkish industrial enterprise that was “Entitled for the Highest Incentive with One Project” under Horizon 2020, the most important research and innovation program of Europe, with its R&D Project, named BAMBOO.

Press Release for Q4 2018 Financial Results

Tüpraş’ total investments since the privatization has exceeded 6.5 billion US$ following the 199 million US$ invested in 2018.