Cengiz_Holding

Cengiz Holding

Cengiz Holding A.S. is a Turkish conglomerate, with major interests in construction, energy, mining, and tourism. Its assets include the Eti Copper and Eti Aluminium mining companies.[1] It is owned by Mehmet Cengiz.[2] In 2012 it had around $470m revenue from construction.[3]

Quick Facts Industry, Founded ...

In May 2013 it was part of a joint venture which won the EUR22bn contract to construct a third international airport in Istanbul.[4] In July 2013 it was part of a joint venture which acquired the daily newspaper Akşam, together with TV channel Sky Turk 360 and radio station Alem FM, for TL60m.[5]

Greenhouse gas emissions

Climate Trace estimates half-owned Cenal coal-fired power plant emitted over 7 million tons of the country’s total 730 million tons of greenhouse gas in 2022.[6] So it is on the Urgewald Global Coal Exit List.[7]

The company says that "Emissions at the [aluminium] production units in Seydişehir are already 50% lower than European Union standards",[8] however it still runs a small coal-fired power station at that factory.


References

  1. Cengiz Holding, ABOUT US / HISTORY Archived May 30, 2009, at the Wayback Machine
  2. "Explore Map". Climate Trace. Retrieved 2024-03-10.
  3. "Explore the Data". coalexit.org. 2023.
  4. "Turkish aluminum producer building solar power plants to reach net zero emissions". Balkan Green Energy News. 2022-02-02. Retrieved 2022-02-08.



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