Eti Maden · Ankara Turkey
Company Description
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This link will open in a new window Eti Maden, formerly Eti Holding, is on top of the world when it comes to producing borates. The Turkish state-owned company, through Eti Mine Works, is a world-leading miner and processor of boron. (Turkey holds about 60% of the world's boron reserves.) Eti produced 715,000 tons of refined boron products in 2004, a 64% increase over the previous year. Boron is used in products such as soaps, detergents, glass, fertilizers, and nuclear materials. The company also produces perlite, which is used as a construction material, scrubbing sand in refineries, and for growing in greenhouses, among other applications. To read the full description, subscribe now.
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Key Eti Maden Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | December |
| Employees | 3,626 |
Eti Maden Executives
4 executives listed for Eti Maden's Ankara, location.
| Title | Name & Bio | Contact |
| Chairman and General Manager | Orhan Yilmaz | Network |
| Deputy General Manager | Adnan Yilmaz | Network |
| Deputy General Manager | Muhsin Ganioglu | Network |
Competition
Competitive Landscape for Eti Maden
Demand is driven by industrial demand and economic growth, both domestic and foreign. Individual company profitability depends on volume and operating efficiency. Large companies can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Metal ore mining is capital-intensive: annual revenue per employee is about $300,000. The industry includes companies that mine and process gold, silver, copper, nickel, lead, zinc, iron ore, and other metals. To read the full description, subscribe now.Top Eti Maden Competitors
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