Assan Alüminyum Sanayi ve Ticaret

What Assan Alüminyum Sanayi ve Ticaret does

Assan Alüminyum Sanayi ve Ticaret A.Ş. is a Turkish manufacturer of flat-rolled aluminum products, founded in 1988 and headquartered in Tuzla, Istanbul. The company operates two main production complexes — Tuzla (Istanbul) and Dilovası (Kocaeli) — with a combined annual capacity of 360,000 tons, plus a 60,000-ton paint/coating line described as Turkey's fastest at 120 meters per minute. Its portfolio spans aluminum foil, sheet, coil, and pre-painted aluminum, serving packaging, automotive, construction, HVAC/energy, industrial, and consumer durables end-markets. R&D-developed proprietary alloys (3423 and 6005A recycling-friendly alloys delivering up to 85% lower carbon emissions; 5754 continuous-cast high-magnesium alloy) and an integrated recycling facility co-located with production differentiate the offering in low-carbon automotive and construction applications.

The company monetizes exclusively through hardware sales of flat-rolled aluminum products, distributed via a direct B2B sales force to industrial and OEM customers, an authorized dealer network of ~20 partners in Turkey, and a recently established wholly-owned US subsidiary (Kibar Americas, Chicago HQ) operating an acquired aluminum foil facility in Fairmont, West Virginia. Exports reach 70+ countries across four continents, with Germany representing the single largest market (~32,000 tons). Customer concentration is diversified across four primary segments (Packaging, Automotive, Construction, HVAC) with named relationships including Ford Otosan and "various global automotive OEMs." Pricing is not publicly disclosed and is negotiated on a per-order/contract basis by alloy, thickness, volume, and specification.

Assan Alüminyum is a wholly-owned subsidiary of Kibar Holding and operates within the Kibar Group's diversified portfolio. Capital structure is supported by a $90 million IFC green loan (2023) — the first fully climate-labeled green loan in the aluminum sector — and a €20 million EBRD facility (2026) aligned with the EU Taxonomy. The company holds Aluminium Stewardship Initiative (ASI) Performance Standard V3 certification, ISO 14001, and International Renewable Energy Certificates (I-REC), and operates internally generated renewable energy (Manavgat hydroelectric and a 10 MWp Karaman solar plant acquired in 2024) in support of a published Decarbonization Roadmap targeting net-zero emissions by 2050. Leadership includes General Manager Göksal Güngör (also GLAFRI President and Chair of the EAA Roller Group), CFO Nuri Tezel, and Derek Keddy as President of the Kibar Americas North America Rolling Business Unit.

Name

Assan Alüminyum Sanayi ve Ticaret

Legal name

Assan Alüminyum Sanayi ve Ticaret A.Ş.

Website

https://assanaluminyum.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Assan Alüminyum is a Turkish flat-rolled aluminum manufacturer producing foil, sheet, coil, and pre-painted products at 360,000 tons/year capacity for packaging, automotive, construction, HVAC, and industrial customers across 70+ countries via direct sales, dealers, and its Kibar Americas US subsidiary.

Ownership category

akta.pro rank

Product category

Flat Rolled Aluminum Manufacturing

NAICS

Aluminum Sheet, Plate, and Foil Manufacturing (331315), Secondary Smelting and Alloying of Aluminum (331314)

SIC

Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Aluminum Rolling (Flat-Rolled Products: Sheet, Plate, Foil) (IMAKACAF)

akta.pro secondary industries

Secondary Aluminum Smelting & Recycling (Remelt) (IMAKACAD), Aluminum Value-Added Components (Automotive, Aerospace, Packaging, Building Systems) (IMAKACAM), Aluminum Trays, Pans & Foil Containers (Semi-Rigid) (IMALADAH)

Keywords

• Flat rolled aluminum
• Aluminum foil manufacturing
• Aluminum coil coating
• Aluminum recycling
• Automotive aluminum

Headquarters

HQ city

Tuzla

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Flat rolled aluminum products: Manufacture and sale of flat rolled aluminum products including aluminum foil (for packaging, food-grade containers, industrial applications), aluminum sheet and coil, and pre-painted aluminum for construction and automotive applications. The company operates Dilovası and Tuzla production facilities in Turkey with a combined annual production capacity of 360,000 tons. Revenue is generated through direct sales to industrial customers and through an authorized dealer/distributor network in domestic and export markets.
2. Kibar Americas North American manufacturing: Through its wholly-owned US subsidiary Kibar Americas, Assan Alüminyum produces aluminum foil at the Fairmont, West Virginia facility for automotive finstock, HVAC, food-grade, and industrial foil applications. This enables local production to serve North American customers, reducing delivery lead times and navigating US import tariffs on aluminum products.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Assan Alüminyum manufactures and sells flat rolled aluminum products — including aluminum foil, sheet, coil, and pre-painted aluminum — at its Tuzla (Istanbul) and Dilovası (Kocaeli) production facilities with combined annual capacity of 360,000 tons. Products serve automotive, packaging, construction, HVAC, consumer durables, and industrial customers in 70+ countries, with dedicated R&D-developed low-carbon alloys (3423 and 6005A) for sustainability-driven applications. The company also operates an integrated recycling plant and, through wholly-owned subsidiary Kibar Americas, runs an aluminum foil production facility in Fairmont, West Virginia, serving North American customers.

Product overview

Assan Alüminyum is a flat-rolled aluminum manufacturer producing a broad portfolio of aluminum products across its Tuzla and Dilovası facilities in Turkey with an annual production capacity of 360,000 tons. The core product portfolio includes container and packaging foil, pre-painted aluminum products (with a 60,000-ton/year coil coating line), automotive finstock, industrial applications, and energy/technical aluminum. The company has developed specialized low-carbon alloys (3423 and 6005A) for recycling-friendly applications targeting automotive and construction markets. Through its subsidiary Kibar Americas, Assan Alüminyum operates a recently acquired aluminum foil production facility in Fairmont, West Virginia, producing automotive finstock, HVAC finstock, food-grade foil, and industrial foil. The company also operates renewable energy infrastructure including a hydroelectric plant in Manavgat and a solar power plant in Karaman to support its decarbonization and net-zero by 2050 strategy.

Differentiator

Problem solved

Functional benefit

Products and services

• Container and Packaging Foil Aluminum foil products for packaging applications including food-grade containers, flexible packaging, pharmaceutical packaging, and industrial foil uses.
• Pre-Painted Aluminum Products Pre-painted and coated aluminum coils and sheets for construction, roofing, cladding, and architectural applications, produced on Turkey's fastest painted line (120 m/min) with 60,000 tons/year coating capacity.
• Automotive Finstock Aluminum products for automotive applications including battery cooling plates, heat exchangers, and components supporting EV lightweighting and thermal management.
• Industrial Applications Aluminum Aluminum foil and sheet for industrial uses including filters, satellite dishes, and specialized technical applications.
• Energy and Technical Aluminum Aluminum products for energy sector and technical applications including satellite dishes and energy-related uses.
• HVAC/Finned Tube (Finstock) Aluminum finstock for heating, ventilation, and air conditioning systems, used in heat exchangers and climate control applications.
• 3423 Low Carbon Alloy R&D-developed recycling-friendly aluminum alloy offering up to 85% lower carbon emissions compared to traditional alloys, targeting automotive and construction sectors.
• 6005A Low Carbon Alloy R&D-developed recycling-friendly aluminum alloy providing up to 85% lower carbon emissions compared to traditional alloys, serving automotive and construction markets.
• 5754 High Magnesium Alloy Continuous cast quality aluminum alloy with high magnesium content used in rolled coil applications.
• Kibar Americas Aluminum Foil Manufacturing Aluminum foil production at the Fairmont, West Virginia facility for automotive finstock, HVAC finstock, food-grade foil, and industrial foil applications serving North American customers.

Quantifiable outcome

• Up to 85% lower carbon emissions with R&D-developed 3423 and 6005A recycling-friendly alloys vs. conventional alloys
• +4 more outcomes

Named customers2 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Koç UniversityminorStrategic or Co-development Partner · 1 January 2023Five-year biodiversity preservation project in partnership with Koç University (also collaborating with Kocaeli University). The project has successfully propagated endangered plant species including Centaurea kilaea, Riva Mullein, Blue Star, and Sea Daffodil. The Sea Daffodils project won multiple awards (Golden Compass PR Award, Communitas Awards, Brandverse Award).
• Kibar HoldingcoreOthersKibar Holding is the parent company of Assan Alüminyum. Assan Alüminyum is a wholly-owned subsidiary of Kibar Holding and part of the Kibar Group of companies. Kibar Holding CEO Haluk Kayabaşı oversees the Group's aluminum, automotive, and packaging industry strategy.
• Kibar AmericascoreOthersKibar Americas is a wholly-owned North American subsidiary of Assan Alüminyum, headquartered in Chicago, Illinois. It manages the company's North American operations including the recently acquired aluminum foil production facility in Fairmont, West Virginia. Led by President Derek Keddy, formerly of Novelis.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Constellium: Constellium is a global flat-rolled aluminum specialist serving aerospace, automotive, and packaging markets, including automotive body sheet and battery enclosures. Closely comparable to Assan in flat rolled focus and automotive electrification exposure.
• Gränges: Gränges is a Swedish-headquartered specialist in rolled aluminum products for heat exchangers, brazing, and selected niche applications. Comparable to Assan in aluminum rolling technology and HVAC/automotive finstock end markets.
• Novelis: Novelis (now part of Hindalco Industries) is one of the world's largest producers of flat-rolled aluminum sheet and foil, with major focus on automotive, beverage can, and specialty applications. Directly comparable to Assan Alüminyum in product portfolio (flat rolled sheet, foil, automotive finstock) and customer base, and is the most relevant global benchmark.
• Elval (Viohalco): Elval is the aluminum rolling and extrusion division of Viohalco, a major European flat rolled aluminum producer serving packaging, automotive, and construction. Comparable to Assan in flat rolled portfolio and European customer base.
• Speira: Speira (formed from Aleris European rolling assets, now owned by Realta Holding) operates European aluminum rolling and recycling plants producing flat rolled products and foil. Closely comparable to Assan in geographic footprint and product mix.
• AMAG Austria Metall: AMAG Austria Metall AG is an Austrian integrated aluminum producer with primary, casting, rolling, and recycling operations producing flat rolled products for packaging, transport, and industrial applications. Directly comparable to Assan in integrated rolling-recycling model.

Broad incumbents

• Kobe Steel (Kobelco): Kobe Steel operates a diversified metals business including aluminum flat rolled and extrusions serving automotive and industrial markets in Japan and globally. Overlaps with Assan in flat rolled aluminum for automotive applications but at a broader group scale.
• Alcoa: Alcoa is a major global aluminum incumbent spanning bauxite, alumina, primary smelting, and flat rolled products. Comparable in flat rolled output and downstream automotive/packaging exposure but at much greater scale and scope than Assan.
• Hydro Aluminum (Norsk Hydro): Norsk Hydro is one of the world's largest integrated aluminum producers with a broad portfolio spanning bauxite/alumina, primary metal, extrusions, and rolled products. Overlaps with Assan in flat rolled aluminum but operates at much greater scale and vertical integration.

Regional players

• UACJ Corporation: UACJ is a major Japanese flat rolled aluminum producer serving automotive, can, and industrial markets across Asia. Comparable to Assan in flat rolled technology and automotive finstock focus but with primary geographic exposure to Asia rather than Europe/US.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Assan Alüminyum Sanayi ve Ticaret