MERCAN KIMYA SANAYI VE TICARET A.S.
BBIST:MERCN8.81
TRY
-0.18
(-2.00%)
MERCAN KIMYA SANAYI VE TICARET A.S.
BIST:MERCN
(Istanbul Exchange)
Recent
price
8.81
P/E
ratio
30.67
div
yld
-0.16%
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
TRY
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Mercan Kimya Sanayi ve Ticaret A.S. is a Turkey-based chemical manufacturing company specializing in the production, refining, and commercialization of petroleum-derived wax products, industrial emulsions, and specialty chemical auxiliaries. Founded in 1977 and headquartered in Denizli, Turkey, the company operates as a key supplier of paraffin waxes, liquid paraffins, and chemical additives to diverse industrial sectors including textiles, timber processing, paper, packaging, cosmetics, pharmaceuticals, rubber, and candle manufacturing. The company's product portfolio is categorized into paraffin waxes, paraffin emulsions, petroleum jellies, technical oils, and specialty chemical blends. Its core offerings include fully refined, semi-refined, and crude paraffin wax used in candle production, waterproof packaging, matches, and precision casting; industrial and technical-grade paraffin emulsions utilized as hydrophobic and moisture-barrier agents in medium-density fiberboard (MDF), particleboard, chipboard, and paper coatings; cosmetic, pharmaceutical, and technical-grade petroleum jelly (vaseline) for personal care, ointment bases, and industrial lubrication; technical and pharmaceutical-grade liquid paraffin (white mineral oil) for cosmetic formulations, textile lubricating oils, food-contact machinery lubricants, and plastic processing; cable filling compounds and insulation waxes for telecommunication and power transmission cables; and textile auxiliary chemicals including softeners, lubricants, and sizing agents. Mercan Kimya operates advanced production facilities in the Denizli Organized Industrial Zone and conducts commercial distribution domestically across Turkey as well as internationally across more than 70 countries throughout Europe, the Middle East, Central Asia, North Africa, and the Americas. The company conducts cosmetic and household care chemical manufacturing through its subsidiary Cosmer Kimya Sanayi ve Ticaret A.S., broadening its product scope into personal care formulations, disinfectants, and cleaning agents. In recent developments, Mercan Kimya has advanced major operational and strategic growth initiatives to expand production capacity and enhance operational sustainability. The company completed investments in rooftop solar photovoltaic (GES) power plants across its manufacturing facilities to reduce carbon emissions and transition toward renewable energy self-sufficiency. Additionally, the company has expanded its paraffin emulsion manufacturing reactors and warehouse automation systems to meet surging export demand from the wood panel and construction materials industries. Furthermore, Mercan Kimya has broadened its subsidiary operations through Cosmer Kimya with the launch of expanded aerosol and personal care product lines, while strengthening international distribution networks and raw material sourcing agreements across European and regional markets.