Producing vegetable oil as one of the oldest and long-established industrial enterprises of Turkey since 1962, Altinyag Combine, Inc. has strengthened its production and financing structure with an investment of TRY 53 million and raised its goals to become a global player. Since 2012, the most significant milestones of its history, Altinyag halted the packed oil production for end-user, focusing on production of raw oil, where the global market is more profitable and less competitive. It has also started production of semi-refined vegetable oil for biodiesel fuel, which sees an increasing demand in the market as an environmentally-friendly product. As a result of this transformation, Altinyag has become the supplier for its former competitors in cooking oil sector, while expanding its area of activity by offering products to the energy, chemistry and paint industries. Furthermore, the company plans to satisfy the customers’ versatile needs by maintaining the equipment for packed oil production.
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