Izocam, which has been leading the insulation industry in Turkey for 58 years, took its place among the giants of the industry by entering the "500 Largest Industrial Enterprises of Turkey" (ISO 500) ranking this year as well. ISO 500 list, by Istanbul Chamber of Industry; The companies' sales from production, net sales, added value, equity, total assets, profit/loss before tax, profit/loss before interest, depreciation and tax, exports and employees in 2022 were determined by the average. Izocam, which took a leap forward in sales and profitability in 2022, ranked 466th in the ISO 500 list with this success and became the only insulation company in the ISO 500 list this year, as it was last year.
Emphasizing that İzocam, which is among the 100 most valuable brands of Turkey according to the 2015 Brand Finance Report, is the sought-after brand of important projects both at home and abroad, with its products and solutions suitable for every need, İzocam General Director Murat Savcı said, "In the insulation sector in our country and in the world We are the only company that can produce 7 different products under the same roof. Today, we are the industry leader with our 23% market share in all insulation products. Emphasizing that they have crowned their leading position in the sector by entering the ISO 500 list every year and becoming one of the top 500 industrial enterprises of Turkey, Sözcü said, "Since the day we were founded, we have achieved success with our product quality, environmentally friendly production, our work to develop insulation awareness and our many years of experience and With the successes we have achieved in many areas, we always take our place in the ISO top 500. This year, we are the only company in the ISO 500 list that produces only insulation. "We are extremely happy and proud to represent our sector among Turkey's industrial giants," he said.
Raises the bar for success at home and abroad
Noting that they achieved success well above their targets in 2022 and achieved a growth of over 110% compared to their turnover in 2021, İzocam General Director Murat Savcı said, “As Turkey's largest insulation products manufacturer, we will continue to grow in 2023 by strengthening our production capacity and enriching our product range.” We took steps with the aim of increasing our market share in all product groups. When we evaluate the first 8 months of 2023, I would like to state that we have had a very successful year in terms of achieving our goals. We increased our sales figures by over 50% compared to last year. "In terms of quantity, we have achieved increases ranging between 20% and 50% depending on the product group, especially in our Tekiz Sandwich Panel, Glasswool, Rockwool, XPS and EPS product groups, mostly by producing at full capacity," he said.
Stating that they achieved growth by creating new markets in foreign sales, Murat Prosecutor said, “In 2022, we exported 770,000 m3 of insulation materials to 56 countries with more than 150 dealers and customers. We continue our export activities to the Turkic Republics, Africa, the Balkans, Asia and the Middle East. Izocam is a preferred brand especially in the Middle East and the Balkans. We are the most important manufacturer in the Middle East air conditioning market. Our export sales have a share of approximately 20% in our entire turnover, and we continue to search for new markets in line with our goal of increasing this rate. Our search for markets in Central Africa, which we have focused on in recent years, will continue in the coming months. We aim to increase our promotional activities in CIS countries.
