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Akiş Boya launches contract manufacturing partnership with Chinese firm and plans new facility
Turkish paint manufacturer Akiş Boya has formalised a contract manufacturing agreement with a China-based chemicals company, targeting production for Turkey and neighbouring markets. The Bursa-based firm is also preparing a USD 2 million investment in a new production facility and is aiming for an 11 % growth target by 2027.
Akiş Boya, a paint manufacturer headquartered in Bursa, Turkey, has officially launched a contract manufacturing collaboration with a China-based company operating in the global chemicals sector. Under the agreement, Akiş Boya will produce high value-added chemical products for its partner, targeting Turkey and surrounding markets. Alongside this partnership, the company is preparing for a new production facility investment of approximately USD 2 million at Teknosab, with groundbreaking planned for 2027. The facility is expected to cover approximately 4,000 square metres of enclosed space and has already completed the licensing process.
Melih İyigüllü, Business Development Manager of İyigüllü Group, stated that the company has been strengthening its growth strategy through investments in advanced chemical products alongside paint manufacturing, as it marks over 70 years in the sector. Commenting on the new partnership, İyigüllü said: “We have started the production process. We will carry out contract manufacturing for our business partner targeting Turkey and surrounding markets. With the contribution of this collaboration, we are targeting 11 % growth in 2027.”
New facility and sustainability criteria shape investment strategy
Regarding the planned Teknosab facility, İyigüllü noted that the licensing process has been completed and groundbreaking is planned for within 2027. He also highlighted the growing influence of the European Green Deal, carbon footprint management, and sustainable production criteria on the sector. “We believe that companies preparing for this transformation today will gain a significant competitive advantage in global markets in the coming period,” he remarked.
İyigüllü further noted that the company allocated approximately USD 1 million for production infrastructure and equipment investments in the previous year. He emphasised that producing standard products alone no longer provides a sufficient competitive advantage, adding: “Today, competitiveness is possible not just by manufacturing, but by developing higher-performance, durable, and long-lasting systems. We continue our R&D investments in this direction.”
Colourant system and export markets support competitiveness
Exports currently account for approximately 15 % of Akiş Boya’s total turnover. The company has developed a colourant system that allows customers to prepare required colours at their own facilities using base products and a limited number of colorants, rather than stocking a large variety of finished colours. İyigüllü described this as a significant advantage in the current environment of rising logistics costs: “This system, which reduces stock requirements and logistics costs while providing operational efficiency, also increases our competitiveness in export markets.”
Akiş Boya is active under its own brand in several markets, including Russia, Kazakhstan, Bulgaria, the United Arab Emirates, and Saudi Arabia. The company’s focus on high value-added exports and advanced chemical products reflects its broader ambition to strengthen its position in international markets in the years ahead.
