Altinyag Kombinalari A.S. (ALMAD)
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Altinyag Kombinalari A.S. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Mehmed Nureddin Çevik CEO | XIST Exchange | TRAALYAG91A8 ISIN |
| TR Country | 43 Employees | - Last Dividend | 7 Oct 2021 Last Split | - IPO Date |
Overview
Altinyag Madencilik ve Enerji Yatirimlari Sanayi ve Ticaret A.S., established in 1962 and based in Izmir, Turkey, is a prominent player in the vegetable oils industry. Originally known as Altinyag Combine, Inc., the company underwent a name change in September 2020 to better reflect its diversified interests in mining and energy investments in addition to its core business of vegetable oil production and sales. With a focus on the Turkish market, Altinyag is dedicated to producing high-quality vegetable oils and related agricultural products, leveraging years of experience and expertise to meet the ever-evolving needs of its customers.
Products and Services
- Vegetable Oils Production and Sales:
Altinyag specializes in the production and sales of various vegetable oils within Turkey. Its comprehensive product range includes the processing and distribution of oil seeds such as sunflower, canola, soy, linseed, camelina, and safflower. The company is involved in the entire value chain, from purchasing oil seeds to producing and selling crude oil, pulp, and a variety of edible vegetable oils including crude, neutral, semi-refined, and refined products.
- Refined Cooking Oils:
In addition to its bulk oil products, Altinyag offers refined cooking oils, catering to household needs. This segment includes high-quality sunflower oil, corn oil, and extra-virgin olive oil, available in packaged form for convenience and quality assurance. The emphasis on refinement ensures that these oils meet the highest standards of taste, health, and safety for culinary use.
- Raw Lignite and Enriched Coal Products:
Expanding beyond vegetable oils, Altinyag engages in the production and sale of energy products. This includes raw lignite, a type of brownish-black coal, enriched powder coal, and enriched hazelnut charcoal products. These offerings highlight the company's commitment to diversifying its product portfolio and tapping into the energy sector, leveraging its expertise in mining and investments.
