# Business World & Markets Canonical URL: https://chemexworld.com/en/categories/business-world-markets ## Latest Articles - [Azerbaijan’s Largest Pharmaceutical Plant Commences Operations with Turkish Investment](https://chemexworld.com/en/news/azerbaijans-largest-pharmaceutical-plant-commences-operations-with-turkish-investment.md): Gen Pharma Caucasus Manufacturing Operations, a pharmaceutical manufacturing facility anchored by a 66% majority stake from Turkey’s GEN Pharmaceuticals (GEN İlaç), was officially inaugurated at the Pirallahi Industrial... - [PayTR Appoints Burcu Durmaz as Chief Human Resources Officer (CHRO)](https://chemexworld.com/en/news/paytr-appoints-burcu-durmaz-as-chief-human-resources-officer-chro.md): With 17 years of experience in financial technologies, offering next-generation payment solutions to over 200,000 merchant partners, PayTR continues to strengthen its executive leadership team. Bringing 24 years of exper... - [Hayat Kimya Invests $80 Million in Its Kocaeli Manufacturing Campus](https://chemexworld.com/en/news/hayat-kimya-invests-80-million-in-its-kocaeli-manufacturing-campus.md): Fast-Moving Consumer Goods (FMCG) enterprise Hayat Kimya is deploying an $80 million capital investment across its primary manufacturing campus in Kocaeli, Turkey. Allocating $58.2 million toward automated warehousing in... - [Çimko Prepares to Build New Integrated Cement Plant in Aleppo](https://chemexworld.com/en/news/cimko-prepares-to-build-new-integrated-cement-plant-in-aleppo.md): Çimko, a building materials subsidiary of SANKO Holding, is launching an integrated cement plant investment of up to $200 million in Aleppo, Syria. Marking the first Turkish integrated cement manufacturing investment in... - [Nykaa and L’Oréal’s BOLD Partner to Back Indian Beauty Startups](https://chemexworld.com/en/news/nykaa-and-loreals-bold-partner-to-back-indian-beauty-startups.md): The two industry leaders launch a joint minority-investment initiative to scale emerging domestic personal care brands while safeguarding founder control. - [Clarins Establishes Dr Olivier Courtin-Clarins Longevity Research Center](https://chemexworld.com/en/news/clarins-establishes-dr-olivier-courtin-clarins-longevity-research-center.md): French cosmetics and skincare house Clarins has launched the Dr Olivier Courtin-Clarins Longevity Research Center to advance clinical and biological skin longevity sciences. Operating across Clarins’ Paris headquarters a... - [Jacobs Extends Role on thyssenkrupp's Green Steel Plant](https://chemexworld.com/en/news/jacobs-extends-role-on-thyssenkrupps-green-steel-plant.md): The engineering group continues PMO, construction, and assembly management services for the 2.5 MTPA DRI facility in Duisburg, Germany. - [Eti Bakır Invests $2.2 Billion Across 3 New Production Facilities](https://chemexworld.com/en/news/eti-bakir-invests-22-billion-across-3-new-production-facilities.md): Cengiz Holding subsidiary Eti Bakır has committed $2.2 billion in capital expenditure across three production sites in Elazığ, Çanakkale, and Sinop Boyabat. Supplying 25% of Turkey’s refined copper demand, the integrated... - [SkinCeuticals Becomes Official Skincare Partner of Scuderia Ferrari HP](https://chemexworld.com/en/news/skinceuticals-becomes-official-skincare-partner-of-scuderia-ferrari-hp.md): Medical aesthetic skincare brand SkinCeuticals has announced a multi-year global partnership with Formula 1 team Scuderia Ferrari HP. Marking Scuderia Ferrari HP's first-ever partnership within the skincare category, the... - [Roche Pharmaceuticals Turkey Names Hande Hazinedaroğlu Hatırnaz Communications Lead](https://chemexworld.com/en/news/roche-pharmaceuticals-turkey-names-hande-hazinedaroglu-hatirnaz-communications-lead.md): Roche Pharmaceuticals Turkey has announced an internal leadership promotion. Serving as Communications Partner since April 2022, Hande Hazinedaroğlu Hatırnaz has been appointed Communications Lead, effective August 17, 2... - [Gülsüm Orbay Appointed Sales Director for L’Oréal Turkey Consumer Products Division](https://chemexworld.com/en/news/gulsum-orbay-appointed-sales-director-for-loreal-turkey-consumer-products-division.md): L’Oréal Turkey has announced the appointment of Gülsüm Orbay as Sales Director of the Consumer Products Division, effective September 1. Bringing roughly 18 years of commercial expertise across fast-moving consumer goods... - [Kalekim Posts TL 2.97 Billion in Q2 2026 Net Sales](https://chemexworld.com/en/news/kalekim-posts-tl-297-billion-in-q2-2026-net-sales.md): Turkey’s construction chemicals leader Kalekim reported TL 2.97 billion in Q2 net sales with a 41% gross margin, totaling TL 5.3 billion for H1 2026 while fulfilling its 2030 emission target five years early. - [Senior Appointment at Bayer Turkey: André Santiago Silva Named Country Group Head](https://chemexworld.com/en/news/senior-appointment-at-bayer-turkey-andre-santiago-silva-named-country-group-head.md): Effective September 1, 2026, André Santiago Silva has been appointed as Country Group Head of Bayer Pharmaceuticals Turkey and Iran. Silva succeeds Colin Tyrer, who has led the division since 2023 and is retiring from th... - [Barentz Promotes Cagdas Cagri to VP-Performance Materials, EMEA](https://chemexworld.com/en/news/barentz-promotes-cagdas-cagri-to-vp-performance-materials-emea.md): Specialty chemical and ingredients distributor Barentz has promoted Cagdas Cagri to Vice President of Performance Materials for the EMEA region. Alongside his current responsibilities as Country Manager of Barentz Türkiy... - [Google Cloud Introduces Gemini Enterprise for Financial Services](https://chemexworld.com/en/news/google-cloud-introduces-gemini-enterprise-for-financial-services.md): Purpose-built for capital markets and corporate banking, Google Cloud’s new agentic AI solution automates complex financial workflows. Launched in preview, the solution is already leveraged by global institutions includi... - [Strong Growth from Türkiye Finans Katılım Bankası in the First Half](https://chemexworld.com/en/news/strong-growth-from-turkiye-finans-katilim-bankasi-in-the-first-half.md): Türkiye Finans Katılım Bankası announced its financial results for the first six months of 2026. The bank increased its net profit by 230% year-on-year to TL 4.6 billion, while raising its total financing support for the... - [Braskem and Lallemand Partner on Bio-Acetone Technology](https://chemexworld.com/en/news/braskem-and-lallemand-partner-on-bio-acetone-technology.md): Braskem and Lallemand Biofuels & Distilled Spirits (LBDS) have unveiled a joint technology to produce bio-acetone from corn ethanol without impacting fuel yields. Aiming for commercial supply by 2028, the drop-in renewab... - [Executive Appointment at Akkök Holding](https://chemexworld.com/en/news/executive-appointment-at-akkok-holding.md): Aslı Ödiyet, who previously served as Corporate Communications Coordinator at Akkök Holding, has been appointed as Corporate Communications Director. - [China Titanium Approves RMB 11B Expansion](https://chemexworld.com/en/news/china-titanium-approves-rmb-11b-expansion.md): China Titanium Energy Chemical has greenlit two major industrial projects with a total initial investment of RMB 11 billion ($1.5B) across Gansu and Guizhou provinces. Designed to scale battery feedstock supply chains, t... - [ASELSAN Continues to Grow by Investing in the Future](https://chemexworld.com/en/news/aselsan-continues-to-grow-by-investing-in-the-future.md): ASELSAN announced its inflation-adjusted financial results for the first half of 2026. The company's revenues grew by 25% in real terms year-on-year to TL 88.5 billion. With backlog orders increasing by 45% to $23.2 bill... - [Tosyalı’s Slag-Based Asphalt Deployed on Kocaeli’s Steepest Ramp](https://chemexworld.com/en/news/tosyalis-slag-based-asphalt-deployed-on-kocaelis-steepest-ramp.md): Tosyalı Harsco's slag-based modified asphalt, SteelSurf, was applied on Gazanfer Bilge Boulevard in Kocaeli. Converted into stone mastic asphalt via Steelphalt technology in partnership with Simgemat, the solution reduce... - [New Era for Sardis Awards](https://chemexworld.com/en/news/new-era-for-sardis-awards.md): Celebrating innovation and marketing success in finance, the 8th Sardis Awards opens under the theme "Smart Finance Era: Autonomous and Intelligent Systems." Applications are accepted until September 11th, with the winne... - [Biofarma Pharma Appoints Çiğdem Sayın as Sales, Marketing, and Medical Director!](https://chemexworld.com/en/news/biofarma-pharma-appoints-cigdem-sayin-as-sales-marketing-and-medical-director.md): Biofarma Pharma has permanently appointed Çiğdem Sayın as its Sales, Marketing, and Medical Director, a role she had held on an acting basis since January 2026. Bringing over 20 years of pharmaceutical expertise, Sayın w... - [Executive Appointment at Biofarma Pharma: Pharm. Gözde Terkan Appointed as CEO](https://chemexworld.com/en/news/executive-appointment-at-biofarma-pharma-pharm-gozde-terkan-appointed-as-ceo.md): Biofarma Pharma, one of the established manufacturers in the Turkish pharmaceutical sector, has announced an executive leadership transition. Pharm. Gözde Terkan, who served as Sales, Marketing, and Medical Director and... - [Konya’s Manufacturing Power Confirmed in ISO Top 500 Second Tier](https://chemexworld.com/en/news/konyas-manufacturing-power-confirmed-in-iso-top-500-second-tier.md): Seventeen companies from Konya earned spots in the ISO "Top 500 Second-Tier Industrial Enterprises 2025" list. Combined with the primary ISO 500, Konya now holds 25 entries among Turkey’s top 1,000 industrial players. - [SOCAR Takes Strategic Step in Petkim Master Plan, Partnering with Technip](https://chemexworld.com/en/news/socar-takes-strategic-step-in-petkim-master-plan-partnering-with-technip.md): SOCAR has entered into a Memorandum of Understanding (MoU) with engineering firm Technip for its long-term "Petkim Master Plan" initiative. Following the successful completion of the Pre-FEED phase at the end of 2025, th... - [P&G Announces New Executive Leadership Appointments](https://chemexworld.com/en/news/pg-announces-new-executive-leadership-appointments.md): P&G has implemented key changes in its senior leadership structure to optimize operational workflows and drive consumer-centric growth strategies. Effective July 1, 2026, Oya Öngör has been appointed to lead an expanded... - [Air Liquide Announces €70 Million Mega Investment in Kazakhstan](https://chemexworld.com/en/news/air-liquide-announces-eur70-million-mega-investment-in-kazakhstan.md): French industrial gas giant Air Liquide signs a long-term supply agreement with chemical manufacturer Silleno to strengthen Kazakhstan’s petrochemical expansion. - [Karel’s Subsidiary Daiichi Secures $100 Million Project Contract in Automotive Electronics](https://chemexworld.com/en/news/karels-subsidiary-daiichi-secures-100-million-project-contract-in-automotive-electronics.md): Daiichi Elektronik, a subsidiary of Karel Electronics, has received a nomination from a global automotive original equipment manufacturer (OEM) for a new project covering the development, validation, and mass production... - [Yiğit Berik Appointed as Eurasia Rare Diseases Director at Sanofi](https://chemexworld.com/en/news/yigit-berik-appointed-as-eurasia-rare-diseases-director-at-sanofi.md): Yiğit Berik, who previously served as the Launch Business Unit Leader at Sanofi Turkey, has been appointed as the Eurasia Rare Diseases Director. Berik will operate in his new role from Istanbul.