- Business
- Dyo Boya Fabrikalari Sanayi ve Ticaret A.S. engages in the development, manufacture, marketing, and distribution of paints, specialized coatings, synthetic resins, and thermal insulation systems for architectural, industrial, automotive, and defense applications. The company operates through diverse product segments, offering decorative paints, including interior and exterior architectural paints, water- and solvent-based wall paints, primers, decorative plasters, wood stains, and varnishes under the DYO and Casati brands; industrial and protective coatings, comprising coil coatings, heavy-duty protective finishes, marine paints, and industrial maintenance coatings; automotive refinish paints, including OEM coatings, vehicle refinish paints, putties, primers, clearcoats, and thinners; furniture finishes, encompassing polyurethane, polyester, acrylic, and UV-curable wood varnishes, stains, and lacquers under the Dewilux brand; defense coatings, featuring military-grade protective and camouflage paint systems developed under the DYOGUARD brand for land, naval, and aerospace military platforms; powder coatings, consisting of thermosetting electrostatic powder paints for architectural and industrial metal finishing; thermal insulation systems, including external wall insulation composite systems, adhesive mortars, and finishing plasters under the Klimatherm and Dyotherm brands; and synthetic resins and auxiliaries, including unsaturated polyester resins, alkyd resins, and computer-controlled color-tinting systems. Founded in 1927 and headquartered in Izmir, Turkey, the company operates as a core subsidiary of Yasar Holding A.S., maintaining manufacturing facilities in Cigli (Izmir), Dilovasi (Kocaeli), and Turgutlu (Manisa), and exporting to over 40 countries across Europe, the Middle East, Central Asia, and Africa. In recent developments, the company has expanded its high-specification defense coatings line under the DYOGUARD brand following strategic accreditations with defense authorities; initiated the development and environmental permitting of a 10.5 MWm solar photovoltaic power plant (GES) in Mardin to power its production sites and lower carbon intensity; launched eco-efficient products including Akromax Suprema solar-reflective exterior coatings; achieved verification under corporate carbon footprint frameworks aligned with Turkish Sustainability Reporting Standards (TSRS); and strengthened its capital structure through the establishment of a TRY 1 billion domestic lease certificate (sukuk) issuance program and short-term debt financing issuances.