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Turkish industrial capacity usage 74.1-pct in Dec.

- Capacity utilization rate of manufacturing industry stays unchanged versus previous month, Turkey's Central Bank says

home > Invesments, Türkiye, General 26.12.2018 15:38

Turkish industrial capacity usage 74.1-pct in Dec.

Turkey’s manufacturing industry's capacity utilization rate stood same in December compared with the previous month, official figures showed.

The capacity utilization rate stood at 74.1 percent in the month, the Central Bank of the Republic of Turkey (CBRT) announced on Wednesday.

Meanwhile, the seasonally-adjusted capacity utilization rate increased by 0.3 percentage points from the last month to 74 percent this month.

On the main industrial groupings side, the highest capacity usage was seen in intermediate goods with 74.50 percent while the lowest was seen in durable consumer goods, standing at 69.60 percent.

Among over 20 sectors, leather and related products manufacturers saw the lowest rate in April -- 55.02 percent -- while wearing apparel sector manufacturers used 80.73 percent of their capacity, which was the highest level, CBRT said.

In December, the data are based on responses given to the Central Bank's "Business Tendency Survey" by some 2,607 companies operating in the manufacturing industry.

In 2017, the average capacity usage in the manufacturing industry was 78.5 percent. Over the past five years, the highest figure was seen last November with 79.9 percent, and the lowest was seen at 73.5 percent in February 2013.

By Gokhan Ergocun

Anadolu Agency

energy@aa.com.tr


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    - Izmir and its surrounds becomes strategic hub for CS Wind's production, company CEO says
    13.05.2022 Renewable , Wind , Invesments , Türkiye , Asia

    Cero Generation combines power and agriculture in new solar plant in Italy

    - As an agrivoltaic plant, 65% of 135 hectares site will be used for agricultural crops
    12.05.2022 Solar , Projects , Invesments , Europe

    Vodafone to power UK operations with local solar farm

    - Solar farms to supply more than 100 gigawatt-hours of renewable electricity annually
    11.05.2022 Renewable , Solar , Projects , Invesments , Europe

    Renewables set to break new record in 2022 despite supply chain challenges

    - Growth mainly driven by solar PV in China and Europe despite supply chain challenges, delays and high raw material costs
    11.05.2022 Renewable , Wind , Solar , Invesments , Europe , Asia

    Solar power to enter 'terawatt age' by May with record installations in 2021

    - In 2022, global solar is forecast to continue its decade-long record-breaking streak, installing more than 200 GW of solar for first time
    11.05.2022 Finance , Solar , Invesments , Europe

    BHP sells coal company shares to Australian Stanmore for $1.35 billion

    - Japanese Mitsui holds remaining 20% share in BHP Mitsui Coal company
    04.05.2022 Coal , Invesments , International Relations , Europe

    ExxonMobil to sell Romanian upstream affiliate for $1 billion+

    - Romgaz gets all shares in ExxonMobil Exploration and Production Romania along with interest in Neptun natural gas block
    05.05.2022 Natural Gas , Invesments , International Relations , Europe

    Turkish firm exports artificial intelligence-based solar energy platform to five countries

    - Solarify AI-based monitoring platform, developed through 100% in-house R&D studies, now in Ukraine, Greece, Senegal, Portugal, and Nepal
    06.05.2022 Renewable , Invesments , Türkiye

    OMV sells filling stations in Germany for €485 million

    - OMV targets achieving net zero by 2050
    04.05.2022 Transportation/Fuel Oil , Projects , Invesments , Europe

    Chevron launches new renewable fuel feedstocks joint venture

    - Bunge to contribute soybean processing facilities while Chevron will contribute approximately $600 million in cash to joint venture
    04.05.2022 Renewable , Invesments , Americas

    bp to invest up to $22 billion in UK energy system by 2030

    - Company has various projects in pipeline from oil and gas to renewable energy and hydrogen production facilities in UK
    04.05.2022 Oil , Renewable , Invesments , Europe

    Chevron posts $6.3 billion earnings for 1Q22

    - Total revenues and other income of Chevron reach $54.37 billion for first quarter
    02.05.2022 Natural Gas , Oil , Projects , Invesments , Americas

    ExxonMobil 1Q22 earnings $3.4B lower due to Russia exit

    - Total revenues and other income of company reach $90.50 billion in first-quarter
    03.05.2022 Natural Gas , Oil , Invesments , Americas

    Shell buys renewable energy company for $1.55 billion

    - Company targets net-zero emissions by 2050
    03.05.2022 Renewable , Invesments , Europe , Asia

    Construction underway on Centrica's first solar farm

    - Centrica plans to deliver 900 megawatts of solar and battery storage by 2026
    27.04.2022 Solar , Invesments , Europe

    Iberdrola starts construction of Baltic Eagle offshore wind farm

    - Iberdrola expects to have 12,000 MW of offshore wind energy in operation by 2030
    27.04.2022 Wind , Invesments , Europe

    UK to make gas payments to Gazprombank under license valid until May 31

    - Country buys less than 4% of its natural gas from Russia
    22.04.2022 Natural Gas , Invesments , Europe , Eurasia

    Hyundai Motor Group to expand battery EVs by 2030

    - Company wins series of accolades at World Car Awards with its battery electric vehicle Hyundai IONIQ 5
    21.04.2022 Renewable , Invesments , Asia

    Baker Hughes acquires firm to advance next-generation carbon capture tech.

    - Investments in developing carbon capture and removal technologies necessary to meet climate goals
    21.04.2022 Invesments , Renewable , Americas

    Turkiye's largest copper mine tender receives 2.20B liras in winning bid

    - Port Madencilik Ticaret AS wins bid to build a facility to produce end and by-products of copper
    22.04.2022 Coal , Invesments , Türkiye

    European EV charge producer Wallbox inaugurates new factory in Barcelona

    - Company invests €9 million in facility that hopes to manufacture over 750,000 chargers per year
    21.04.2022 Renewable , Invesments , Europe

    EBRD to loan Turkish bank $58M for low-carbon economy investments

    - Investment to promote Turkiye's transition to sustainable, low-carbon, climate-resilient economy, says European lender
    18.04.2022 Invesments , International Relations , Türkiye , Europe

    Clean energy spending accounts for only 4% of global economic stimulus packages

    - Sustainable recovery spending in recovery packages is 40% above expenditure levels after 2008 global financial crisis, IEA latest data shows
    13.04.2022 Wind , Solar , Invesments

    Spot market electricity prices for Wednesday, March 30

    - Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 550.49 million Turkish liras
    29.03.2022 Electricity , Finance , Invesments

    Nickel-free tech could boost EV uptake due to surging nickel costs

    - Shift towards lithium-iron-phosphate (LFP) already happening, analyst Alexandra Gerken says
    29.03.2022 Invesments , Stock Market , World , Eurasia

    bp to invest £1 billion in UK EV charging infrastructure

    - Investment to allow bp to triple number of public charging points in its UK network
    25.03.2022 Renewable , Invesments , Europe

    Turkish solar plant on Galatasaray sports complex roof receives Guinness World Records title

    - Solar plant installed on roof of Ali Sami Yen Sports Complex goes down in history as world's "most powerful solar power output from a sports stadium"
    25.03.2022 Renewable , Solar , Invesments , Türkiye

    Shell announces withdrawal from Russian oil and gas

    - Company will immediately stop buying Russian crude oil on spot market and will not renew term contracts, according to CEO
    09.03.2022 Natural Gas , Finance , Invesments , Europe , Eurasia

    bp to exit Rosneft shareholding amid Russian attack on Ukraine

    - Company decided to sever ties with Russian oil and gas giant
    27.02.2022 Oil , Invesments , Europe

    Lukoil increases its share in Shah Deniz gas field

    - Gas from Shah Deniz is sold to Georgia and Turkey, and delivered to Europe since end of 2020
    20.02.2022 Natural Gas , Invesments , International Relations , Energy Projects , Eurasia

    EU banks still providing funds for fossil fuels

    - HSBC, Barclays and BNP Paribas have provided over $400B to 50 oil companies including ExxonMobil, Saudi Aramco, Shell, BP since 2016, ShareAction says
    15.02.2022 Natural Gas , Oil , Invesments , World , Europe

    Turkey's boron sales reach record $1 billion in 2021

    - Turkey holds a share of 62% of sales in boron market globally
    29.12.2021 Projects , Invesments , Türkiye

    Turkish renewables sector attracts $2.5B in financing this year led by solar

    - Clean financing in 2021 is expected to be around 20% higher than annual average between 2002 and 2020
    07.12.2021 Renewable , Invesments

    IEA expects all-time record in renewable installations globally in 2021

    - Renewable electricity growth accelerates faster than ever but further deployment is needed across all key sectors, report says
    02.12.2021 Renewable , Wind , Solar , Invesments

    $812 million finance deal signed for Turkey's largest solar power plant

    - Currently, 550 megawatts of installed capacity is completed for Karapınar Solar Power Plant Project
    01.12.2021 Solar , Projects , Invesments , Energy Projects , Türkiye

    Germany's E.ON to invest €27 billion for energy transition up to 2026

    - Decarbonization of Europe's economies places energy industry at threshold of key decade of growth, company CEO says
    24.11.2021 Renewable , Finance , Invesments , Europe

    Turkish BDY Group acquires Swiss company's LPG terminal in Black Sea

    - Turkish company in negotiations for new acquisitions in various sectors, head company official says
    22.11.2021 Lng/Lpg , Invesments , Türkiye
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