50 Million Euro Investment from Hascevher Tekstil to Niğde

Established in Kahramanmaraş in 2006, Hascevher Tekstil has built a 50 million Euro ring spinning factory in Bor district of Niğde. Hascevher Tekstil Board Member İsmail Dinçer said that the factory is the largest industrial facility ever built in Bor district, that they will employ 300 people in the first stage, and that they will increase this figure to 600 people when the second stage is completed.

Stating that while Hascevher Group has been producing metal kitchenware since 1993, they laid the foundations of Hascevher Tekstil by establishing the Open-End facility with a daily production capacity of 40 tons in Kahramanmaraş in 2006, İsmail Dinçer said that they decided to invest in Niğde in 2020 and that they are happy to achieve this today. Stating that they will produce cotton yarn at the facility in Bor district, Hascevher Tekstil Chairman İsmail Dinçer continued his words as follows:

“First of all, we bought the land and made the preparations. We have now created a facility with a capacity of 60 thousand spindles in Niğde, where we will produce around 40 tons per day. It is actually the largest industrial facility built so far in the Bor district of Niğde. We have a total area of 492 thousand square meters. We have now closed 97 thousand square meters of this, we have completed the ring spinning facility investment, and we are starting production as of this month. We have also completed the Open-End building within the same project. We will also invest in Open-End in the next phase. If we include land, machinery and construction costs, it is an investment of 50 million Euros. The Open-End area is 50 thousand square meters and the ring operation has a closed area of 47 thousand square meters. We will employ 300 people in the first phase and 600 people when we complete the second phase.”

“Textile is indispensable for Turkey”

Noting that they made this investment for both regional and sectoral reasons and the establishment of such a compact facility for them is a complementary feature in the sector, Dinçer said:

“The customer group of Open-End and compact plants overlap in general terms. If you ask ‘Was it the right period in terms of time?’, my opinion is that an investment decision should not be taken based on whether the sector is doing well or badly for 1-2 years. The textile sector was at a very good point on the day we took the investment decision, and it is not at a good point today, but from my point of view, when we consider the periods of maybe 10-15 years and look at it accordingly, textile is still not an indispensable point for Turkey, it is one of the locomotive sectors for us. We have been aiming to grow in this sector since we were first established, and from the company’s perspective, it was important for us to increase sector diversity. Looking from these aspects, we decided to make this investment in Niğde, where cotton yarn will be produced. When we move to Niğde, we will also apply for R&D and an R&D facility will be established. We will hopefully start fancy yarn production in the second half of 2025. In other words, we will produce not only cotton yarn but also different yarns. Because the quality and price ranges of all companies in cotton yarn are more or less certain. There is not much space where we can differentiate, where we can show ourselves, where we can reflect that we love our work. I think that this gap can only be found by producing different yarns.”

“In 2025, we will provide one hundred percent of our consumption from solar energy”

Stating that as Hascevher Tekstil, they also attach importance to sustainability and that he personally carries out these studies, İsmail Dinçer said, “We have completed our carbon footprint measurement. We have completed our renewable energy investment on our roofs in Kahramanmaraş, we have established our solar power plant. We have established our solar power plants in Karaman with a field study. Now, we are preparing to do the same thing on the roofs of Niğde, we are at the stage of receiving the call letter. After these, we are working on obtaining carbon credits to reach the zero carbon target at the border. We will complete their applications in 2024 and we will comply with the promise made by the country with the Paris Climate Agreement in 2024. We currently have 10 megawatts here, the same in Karaman. In other words, when we complete all these investments, we will exceed 50 Megawatts, and our goal in 2024 is to meet 80 percent of our consumption, and in 2025, we will meet one hundred percent, hopefully.”