Eti Bakır is pioneering a new path by converting waste into valuable resources, strengthening Turkey's standing in the global marketplace. General Manager Asım Akbaş highlights how the company's circular economy model has enhanced annual revenues by $60 million, through converting previously non-exportable products into profitable assets. This achievement is largely due to substantial investments in R&D and cutting-edge production techniques.
Eti Bakır's Circular Economy Leadership
Eti Bakır leads the charge in adopting sustainable methods within the metal industry. As stated by Asım Akbaş, transforming waste into valuable resources not only reduces waste management expenditures but significantly improves Turkey's market position. These innovative strategies provide a replicable model for other industries, emphasizing the considerable potential of eco-friendly business methods in transforming the sector.
Initiatives for Eco-Friendly Regional Projects
Mazıdağ's Circular Model
In the Mazıdağ area, Eti Bakır demonstrates a commitment to the circular economy by integrating practices like recycling sulfuric acid in the production of chemical fertilizers and reprocessing waste to return it to the economic circuit. This approach not only benefits the environment but also supports the economy by generating 1,000 new jobs, presenting a successful example of sustainable growth.
Samsun's Resource Contribution
Samsun is expected to follow a similar path, contributing 2,000 tons of cobalt and 4,000 tons of zinc annually. These efforts are projected to significantly boost the economy and employment locally, aligning with Akbaş's vision of using waste to unlock economic opportunities and aid in regional progression.
Key Investments and Developmental Breakthroughs
Innovative R&D Efforts
In Samsun, Eti Bakır has developed a leading R&D center, enabling innovation by providing complimentary research prospects to educational institutions. This effort underscores the company's dedication to building strong academic collaborations and backing initiatives that benefit the broader community.
Socio-Economic Progress in Mardin Mazıdağ
Mardin Mazıdağ has witnessed investments acting as a driving force for reversing migration and fostering supporting industries. Akbaş notes that such investments are vital in revitalizing local economies, exemplifying a successful region rejuvenation model through focused investments in the circular economy principles.
Addressing Copper Needs in the Electric Vehicle Revolution
The surge of electric vehicles has sharply increased Turkey's copper demand, primarily met through imports. These vehicles require six times more copper than standard vehicles, prompting Eti Bakır to upscale its operations to meet this growing need. This expansion is essential not only for the company but also represents the larger movement towards sustainable transportation, promoting innovations in copper production techniques.
