Acipayam Seluloz

What Acipayam Seluloz does

Acipayam Selüloz Sanayi ve Ticaret A.Ş. (doing business as Acıselsan) is a Turkey-domiciled, publicly listed specialty-chemicals manufacturer founded in 1973 in Denizli Acıpayam. Its core technology is the production of Carboxymethyl Cellulose (CMC), a water-soluble cellulose derivative synthesized through etherification of cellulose, used as a stabilizer, thickener, binder, and emulsifier. The company runs a single integrated manufacturing facility and an in-house R&D and quality-control laboratory that tailors degree of substitution, purity, and viscosity specifications to industrial end-uses. CMC serves a broad cross-section of industrial customers across detergents, oil drilling, textiles, paints and coatings, adhesives, ceramics and electrodes, food processing, pharmaceuticals, and cosmetics.

The business model is direct B2B sale of bulk CMC raw material to industrial manufacturers, with pricing handled via direct quotation based on volume, specification, and contractual terms (not publicly disclosed). The company operates an enterprise field-sales motion, supported by a corporate website providing product, sustainability, and investor-relations content, and a dedicated KAP-linked investor-relations portal. It first exported in 1977 and claims a global market presence, indicating a long-standing export channel beyond Turkey.

Ownership has shifted through privatization: Türkiye Kalkınma Bankası A.Ş. and Vakıflar Bankası A.Ş. became partners in 1974; the development bank's 76.8% stake was transferred to the Privatization Administration in 2010; Verusaturk Girişim Sermayesi Yatırım Ortaklığı A.Ş. acquired 76.8% plus an additional 15.2% from the Vakıf Bank Pension Fund in January 2011; and in 2018, 47.3% was transferred to Verusa Holding A.Ş., making Acıselsan a 100% affiliate of Verusa Holding. The company maintains Audit, Corporate Governance, and Early Detection of Risk Committees consistent with Borsa Istanbul listing requirements.

Name

Acipayam Seluloz

Legal name

Acıpayam Selüloz Sanayi ve Ticaret A.Ş.

Website

https://aciselsan.com.tr

Company type

Public

Founded year

1973

Operating status

Operating

Headcount range

51–100 employees

Short description

Acipayam Selüloz (Acıselsan) is a Turkey-based, publicly listed manufacturer of Carboxymethyl Cellulose (CMC), selling bulk industrial raw material to manufacturers across detergents, oil drilling, textiles, paints, ceramics, food, pharmaceuticals, cosmetics, and adhesives.

Ownership category

akta.pro rank

Product category

Specialty Industrial Chemicals (CMC)

SIC

Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820)

akta.pro primary industry

Cellulose Derivatives (CMC, MCC, HPMC/MC; Cellulosic Thickeners) (AFAJABAH)

akta.pro secondary industries

Cellulose Derivatives (CMC, MCC, HPMC, MC) (AFAJAMAF), Cellulose-Based Biodegradable Materials (cellulose films, fibers, derivatives) (IMAEAOAE)

Keywords

• Carboxymethyl cellulose production
• Industrial cellulose derivatives
• CMC raw materials
• Cellulose ether manufacturing
• Rheology modifiers supply

Headquarters

HQ city

Tahtaci

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. CMC Raw Material Sales: Manufacturing and selling Carboxymethyl Cellulose (CMC) as industrial raw material to manufacturers across diverse sectors including detergents, paints, textiles, oil drilling, ceramics, food processing, cosmetics, and pharmaceuticals. Revenue is generated through direct B2B sales of bulk quantities with product specifications tailored to customer requirements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Acıselsan manufactures Carboxymethyl Cellulose (CMC), a water-soluble cellulose derivative produced by etherification of cellulose, and supplies it as a bulk industrial raw material. The product is sold as a stabilizer, thickener, binder, and emulsifier to industrial manufacturers across detergent, paint, textile, oil drilling, ceramic, food, cosmetic, pharmaceutical, and adhesive applications, with specifications tailored to each customer's production requirements.

Differentiator

Problem solved

Functional benefit

Products and services

• Carboxymethyl Cellulose (CMC) A water-soluble industrial cellulose derivative produced by etherification of cellulose and supplied as a bulk raw material. Used as a stabilizer, thickener, binder, and emulsifier in detergent, paint, wallpaper adhesive, paper and cardboard, textile, oil drilling mud, ceramic, food, cosmetic, and pharmaceutical manufacturing.

Segments8 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators1 record

Recent moves10 records

Expansion highlights4 records

Broad incumbents

• AkzoNobel: Major Dutch specialty chemicals incumbent with cellulose ether products and a broad additives portfolio touching paints, coatings, detergents, and personal care — overlapping several of Acıselsan's end-markets from a much broader product base.
• Dow Inc. Major US chemicals incumbent with cellulose derivative portfolio and broad reach across industrial and consumer end-markets served by CMC. Overlaps Acıselsan's downstream verticals without specializing in CMC.
• BASF SE: World's largest chemical company with cellulose derivative and additives offerings serving food, pharma, detergents, coatings, and industrial customers. Broad incumbent with overlapping capabilities but CMC is not a focus specialty.

Direct peers

• Lamberti Group: Italian specialty chemicals producer with a CMC and cellulose derivatives portfolio serving textiles, paper, ceramics, oilfield, and personal care end-markets. Direct competitor serving many of the same verticals as Acıselsan.
• Sanyo Chemical Industries: Japanese specialty chemicals company producing cellulose derivatives and surfactants serving detergents, personal care, oilfield, and industrial customers. Comparable CMC-adjacent producer with similar B2B specialty chemicals model.
• Ashland Inc. US specialty chemicals company producing cellulose derivatives including CMC for pharmaceutical, personal care, food, coatings, and industrial markets. Direct competitor in CMC grades overlapping Acıselsan's portfolio.
• Nouryon: Dutch specialty chemicals leader with a major CMC portfolio (Finnfix, Cekol) supplying food, pharma, personal care, oil drilling, and industrial end-markets worldwide. Most direct global competitor to Acıselsan in CMC production.
• CP Kelco: J.M. Huber-owned global CMC and specialty hydrocolloid producer serving food, beverage, personal care, pharma, and industrial applications. Direct head-to-head competitor to Acıselsan in CMC for the same end-markets.
• DKS Co. Ltd: Japanese manufacturer of CMC and cellulose ether products for detergents, textiles, food, pharma, and industrial applications. Comparable niche CMC producer competing in similar end-markets.
• SE Tylose (Shin-Etsu Chemical): Shin-Etsu subsidiary producing cellulose ethers including CMC grades for food, pharma, construction, paints, and personal care. Direct competitor in cellulose derivative chemistries overlapping Acıselsan's product set.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

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

Investments

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

Frequently asked questions about Acipayam Seluloz