?i?ecam receives $70 million from IFC

The International Finance Corp., the private sector financing arm of the World Bank Group, has announced it will provide $70 million in funding for ?i?ecam, Turkey’s largest glass factory.?i?ecam has a 90 percent market share in Turkey. The firm will use the money to invest further in its factories in Turkey and Bulgaria. The project includes investments to produce low-iron solar power glass as well as improve environmental impact and energy efficiency, according to a July 1 report in Hurriyet Daily News.

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