TEKNOPANEL EYES USD 30M EXPORT THIS YEAR

Teknopanel is targeting USD 30m in exports in 2021, according to Orhan Kahveci, the sandwich panel manufacturer’s General Manager. The company continued its manufacturing without interruption and quickly responded to orders with the help of measures taken during the pandemic. Both Teknopanel’s sandwich panel and expanded polystyrene foam (EPS) manufacturing rose by 50% in January and February, compared to the same period of the previous year. The company’s exports totaled USD 18m in 2019 and reached USD 25.2m in 2020. “We supplied 80% of sandwich panels used in construction of field hospitals in Istanbul during the pandemic. We manufactured 8,700,000 square meters of sandwich panels, with increasing output in the second half of 2020, and 1,000,000 cubic meters of EPS products at the end of 2020,” Kahveci said.