Igsas

What Igsas does

İGSAŞ (İstanbul Gübre Sanayii Anonim Şirketi) is one of Turkey's largest fertilizer manufacturers, established circa 1969 and operating as a subsidiary of Yıldızlar Yatırım Holding. The company produces more than 85 agricultural and industrial products across five strategic manufacturing plants in Kocaeli, Kütahya, Antalya, Samsun, and Hatay, supported by dedicated storage depots, a captive port (İGSAŞ Liman), and an in-house R&D function. Its portfolio spans base fertilizers (DAP 18-46-0, NPK 15-15-15+SO3, 20-20-0), nitrogen fertilizers (urea 46% N, ammonium nitrate/calcium ammonium nitrate, UAN 32, ammonium sulfate), phosphorus and potassium fertilizers, organomineral solid and liquid products, slow-release nitrogen with DMPP and NBPT inhibitors (İGSAŞ MAX 21 and MAX 46), micro-granule starter fertilizers, water-soluble drip-irrigation lines under the VARIOAGRO sub-brand, specialty NPKs under the Terra Forte brand, micro-element mixtures, and industrial chemicals (nitric acid, phosphoric acid, ammonia). Fertilization recommendations are tailored to over 60 crop types.

The company serves Turkish farmers, agricultural enterprises, and cooperatives primarily through an authorized dealer/bayi network spanning all major agricultural regions, supplemented by the İGSAŞ Connect digital portal, an online fertilization recommendation tool, and the Filiz AI assistant launched in December 2025. Secondary customers include Turkish industrial buyers of nitric acid, phosphoric acid, and ammonia. Go-to-market is multi-channel: dealer-driven volume sales, direct engagement with large agricultural enterprises, and event-driven activation at trade shows such as Growtech 2025, combined with content marketing through the "Toprağın İzinde" blog, the "Toprağın Uzmanı Cevaplıyor" Q&A section, and dealer meetings such as "Gelecek Bereketli Gelecek". The company maintains an industry-university partnership with Kocaeli University, an internal İGSAŞ Technical Academy (İTA) for workforce development, and a "Yıldızları Yakala" internship pipeline.

İGSAŞ generates revenue through one-time sales of agricultural fertilizers and industrial chemical products; pricing is not publicly disclosed and is set through commercial dealer agreements. The company positions itself on sustainability through organomineral and slow-release offerings, brand heritage ("Toprağın Uzmanı"), and breadth of portfolio rather than on disclosed financial or unit-economic metrics — revenue, headcount, and cap-table data are not publicly disclosed, and the website's employee/facility/depo counters display zero, indicating unmaintained public metrics despite continued operations and recent product launches.

Name

Igsas

Legal name

İSTANBUL GÜBRE SANAYİİ ANONİM ŞİRKETİ

Website

https://igsas.com.tr

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

501–1,000 employees

Short description

İGSAŞ is one of Turkey's largest fertilizer manufacturers, producing 85+ agricultural and industrial chemical products across five plants and serving Turkish farmers and agribusinesses through a nationwide dealer network, digital portal, and the Filiz AI assistant.

Ownership category

akta.pro rank

Product category

Agricultural Fertilizers

NAICS

Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing (3253), Nitrogenous Fertilizer Manufacturing (325311)

SIC

Agricultural Chemicals (2870), Agricultural Services (700), Wholesale-Farm Product Raw Materials (5150)

akta.pro primary industry

NPK/Compound & Blended Fertilizers (Granular Blends, Bulk Blending) (AFABABAD)

akta.pro secondary industries

NPK & Compound/Blended Fertilizers (IMAEAEAD), Fertilizer & Nutrient Retail (Dry, Liquid, Blends) (AFABAJAF), Agronomy Advisory & Field Services (Retailer-Affiliated) (AFABAJAH), Quality Preservation & Condition Management (Aeration Decisions, Hotspot Detection) (AFAOAJAJ)

Keywords

• Agricultural fertilizers
• NPK fertilizers
• Specialty fertilizers
• Industrial chemicals
• Slow-release fertilizers

Headquarters

HQ city

Izmit

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Agricultural Fertilizer Sales: İGSAŞ generates revenue primarily from the manufacture and sale of agricultural fertilizers including NPK fertilizers, nitrogen fertilizers (urea, ammonium nitrate, ammonium sulfate), phosphorus fertilizers, potassium fertilizers, organomineral fertilizers, liquid fertilizers, and specialty products (slow-release, micro granule, drip irrigation) to Turkish farmers and agricultural enterprises through a dealer network.
2. Industrial Product Sales: Revenue is also generated from the sale of industrial chemical products including nitric acid (concentrated and diluted), ammonia, and other industrial-grade chemical inputs to industrial customers.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels6 records

Core offering

İGSAŞ manufactures and sells a broad portfolio of agricultural and industrial chemical products from production facilities in Kocaeli, Kütahya, Antalya, Samsun, and Hatay. The agricultural range covers 85+ SKUs including NPK base/top-dress fertilizers, urea, ammonium nitrate, DAP, organomineral, slow-release (DMPP/NBPT inhibited), micro-granular, liquid, drip-irrigation, and micro-element products, alongside industrial nitric acid and phosphoric acid. Distribution is handled primarily through an authorized dealer network across Turkey, supported by a digital Connect platform and the Filiz AI assistant.

Product overview

İGSAŞ (İstanbul Gübre Sanayii Anonim Şirketi) is Turkey's leading fertilizer manufacturer under Yıldızlar Yatırım Holding, producing over 85 products across multiple fertilizer categories. The product portfolio includes: (1) Base fertilizers such as DAP (18-46-0), NPK compounds (15.15.15, 20.20.0) with sulfur; (2) Pure/specialty fertilizers including urea, ammonium nitrate, potassium nitrate, calcium nitrate, and magnesium sulfate; (3) Organomineral fertilizers (solid and liquid) for sustainable agriculture; (4) Liquid fertilizers and drip irrigation fertilizers under the İGSAŞ and VARIOAGRO brands including the VARIOAGRO NEOFERT series; (5) Specialty brand Terra Forte with multiple NPK formulations; (6) Slow-release fertilizers with nitrogen inhibitors (MAX 21 with DMPP, MAX 46 with NBPT); (7) Micro element fertilizers including chelated EDTA forms (Fe, Mn, Zn, Cu) and COMBİ multi-micronutrient mix; (8) Industrial chemicals including nitric acid and phosphoric acid; and (9) Micro granular fertilizers. İGSAŞ also recently launched an AI assistant called 'Filiz' to support farmers with data-driven decision-making.

Differentiator

Problem solved

Functional benefit

Brands

• VARIOAGRO: A sub-brand of İGSAŞ offering drip irrigation fertilizers and specialized NPK formulations such as VARIOAGRO NEOFERT and VARIOAGRO UAN-32.
• Terra Forte
• İGSAŞ Blue
• İGSAŞ Technical Academy (İTA)

Products and services

• İGSAŞ NPK Fertilizer Range (10-10-10+ME and similar NPK solutions) Liquid NPK fertilizer solutions with micronutrients for balanced plant nutrition, sold to Turkish farmers and agricultural enterprises through the dealer network.
• İGSAŞ DAP (Diamonyum Fosfat) 18-46-0 Diammonium phosphate NP base fertilizer used for foundation application in crop production.
• İGSAŞ ÜRE %46 N Urea fertilizer with 46% nitrogen content used for top dressing across a wide range of crops.
• İGSAŞ CAN %26 (Kalsiyum Amonyum Nitrat) Calcium ammonium nitrate fertilizer providing 26% nitrogen, used for top-dressing in agriculture.
• İGSAŞ MAX 21 (DMPP-inhibited Nitrogen) Nitrogen fertilizer with DMPP nitrification inhibitor for controlled nitrogen release, reducing losses and improving nitrogen use efficiency.
• İGSAŞ MAX 46 (NBPT Urea) Urea fertilizer with NBPT urease inhibitor that enhances nitrogen efficiency and reduces volatilization losses.
• Terra Forte Specialty NPK Range Specialty NPK fertilizer brand offering multiple formulations with micronutrients for various crop requirements, including 7.7.40+ME, 15.30.15+ME, 16.8.24+ME, 18.18.18+ME, and 20.20.20+ME.
• VARIOAGRO NEOFERT (Drip Irrigation Fertilizer Series) Fully water-soluble NPK fertilizer with micronutrients designed for drip irrigation systems, rapidly dissolving for uniform distribution, including VARIOAGRO NEOFERT 20-20-20+ME and related formulations.
• İGSAŞ COMBİ (Micro Element Mix) Multi-microelement fertilizer containing Boron (B), Copper (Cu), Iron (Fe), Manganese (Mn), Molybdenum (Mo), and Zinc (Zn) for correcting micronutrient deficiencies.
• İGSAŞ START 11-48-0+(6 SO3)+ME (Micro Granular) NP micro-granular fertilizer with 6% sulfur and micronutrients designed for precise nutrient delivery at planting.
• İGSAŞ AMİNOASİT (Liquid Organic Fertilizer) Liquid organic fertilizer containing animal-derived amino acids for plant nutrition and stress tolerance.
• İGSAŞ MOL 40 (Plant-derived Liquid Organic Fertilizer) Plant-derived liquid organic fertilizer supporting biological nutrition and soil health.
• İGSAŞ Organomineral Fertilizer Range Organomineral fertilizer line combining organic and mineral nutrients to improve soil health and provide essential plant nutrition, supporting sustainable agriculture. Includes products such as İGSAŞ 8-20-0+(15 SO3).
• Potasyum Nitrat (Potassium Nitrate NK Fertilizer) Pure potassium nitrate NK fertilizer providing balanced potassium and nitrogen supply for crops.
• Kalsiyum Nitrat (Calcium Nitrate) Pure calcium nitrate fertilizer used to strengthen soil structure and support plant development, especially in high-value crops.
• İGSAŞ UAN 32 (Liquid Nitrogen) Urea ammonium nitrate (UAN 32) liquid fertilizer solution for liquid application in crop production.
• İGSAŞ Nitric Acid (Nitrik Asit) Industrial-grade nitric acid sold to industrial customers for chemical manufacturing and used in agriculture for irrigation system maintenance.
• İGSAŞ Phosphoric Acid (Fosforik Asit) Phosphoric acid supplied to industrial customers for chemical processes and to agricultural users for crop nutrition.
• Filiz AI Assistant AI-powered digital assistant supporting farmers with real-time information and guidance across agricultural processes, from field management to climate risk. Provided as part of İGSAŞ's customer support offering alongside the Connect platform.

Quantifiable outcome

• Increases crop yield and quality through balanced nutrient supply
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core and flagship.

• Kocaeli Üniversitesi (Kocaeli University)coreStrategic or Co-development PartnerİGSAŞ signed an industry-university collaboration protocol with Kocaeli University to establish a 'Sanayi-Üniversite' (Industry-University) partnership. This collaboration supports internship programs ('Yıldızları Yakala' internship program), knowledge transfer, and joint development of technical expertise in agricultural sciences and fertilizer technology.
• Yıldızlar Yatırım Holding A.Ş.flagshipOthersİGSAŞ is a subsidiary/brand of Yıldızlar Yatırım Holding A.Ş. The Holding company manages diverse business lines with a primary focus on creating value for people and humanity. İGSAŞ operates under the Holding's umbrella alongside other group companies, benefiting from shared corporate resources, governance, and strategic direction.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• OCI Global: Dutch producer of nitrogen and methanol with significant fertilizer output. Comparable as a global nitrogen competitor influencing Turkish import pricing for İGSAŞ's core urea and ammonium nitrate SKUs.
• Nutrien: World's largest fertilizer producer with global NPK, potash, and nitrogen operations. Relevant as a global benchmark for scale, product breadth, and digital agronomy services that İGSAŞ aspires to with Filiz.
• K+S AG: German producer of potash, magnesium, and salt products with fertilizer applications. Comparable in product category for İGSAŞ's potassium and specialty crop nutrient offerings, though focused upstream.
• CF Industries: Major US nitrogen fertilizer producer (urea, UAN, ammonia). Comparable manufacturing scale and product category as a benchmark for İGSAŞ's nitrogen operations, though geographically distant.
• Yara International: Norwegian global nitrogen and specialty fertilizer leader with broad product portfolio including NPK compounds and enhanced-efficiency fertilizers. Competes with İGSAŞ indirectly via Turkish imports and sets global pricing benchmarks.

Direct peers

• Gübretaş: Turkey's largest state-affiliated fertilizer manufacturer producing NPK, nitrogen, and compound fertilizers for the domestic agricultural market. Closest direct peer in scale, product mix, and customer base.
• Toros Tarım: One of Turkey's largest fertilizer producers under Tekfen Holding, manufacturing NPK, nitrogen, and specialty fertilizers. Direct competitor to İGSAŞ across the same domestic dealer-driven market and product categories.
• Bagfaş: Turkish NPK and compound fertilizer producer operating from Bandırma, serving the same domestic farmer and dealer channel as İGSAŞ with overlapping product portfolios.

Emerging players

• ICL Group: Israeli specialty fertilizer producer (controlled-release, water-soluble, and micronutrient products). Comparable to İGSAŞ's specialty/organomineral and drip irrigation lines in product category and target end-uses.
• Haifa Group: Israeli specialty fertilizer company focused on water-soluble NPK and micronutrients for fertigation. Directly comparable to İGSAŞ's VARIOAGRO drip irrigation and micronutrient product lines.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/igsa%C5%9F/jobs
• Facebookfacebook.com/igsastr

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Igsas