Focusing on investments aimed at reducing the current account deficit in the national economy, Sunar Group of Companies has completed the feasibility study and reached an investment decision for a Bioethanol Plant as a local and renewable energy source.
Stating that they conduct research in areas of national need and bring new projects to their agenda, Sunar Group of Companies CEO Hasan A. ÖZKAN said: “Due to the energy deficit—which is a bottleneck for our national economy—being met by imported resources and the outflow of foreign currency that our country currently needs most, we have decided to invest in our facility that will process local corn to produce bioethanol. Our Bioethanol Plant, for which we have completed the feasibility and made an investment decision following extensive research, will contribute to reducing the current account deficit through the effective and efficient use of national resources. As a renewable and strategic energy source that serves as an alternative to fossil fuels in meeting our import-dependent energy needs, Bioethanol has no production restrictions and does not disrupt the carbon balance in nature.”
Stating that bioethanol holds a very important place in the transportation sector, Özkan added: “Bioethanol, which also has a wide range of use in cogeneration units, small household appliances, and the chemical product sector, reduces carbon monoxide levels by 25-30% thanks to its biodegradable nature and high oxygen content. Helping to close a significant gap in the national economy, farmer- and industrialist-friendly Bioethanol is also environmentally friendly due to its ability to significantly reduce hydrocarbon emissions—which lead to the depletion of the ozone layer—through the blends it is part of. In a process where other fuel sources are beginning to deplete, bioethanol sourced from local products will prevent price uncertainties.”
Economic Situation and Sunar’s Stance
“Undoubtedly, the fluctuations in exchange rates affect us deeply as well. Nevertheless, we foresee that our country will continue to grow, and we are maintaining our preparations accordingly. Sunar Group of Companies, a soldier in the growth of our national economy, will not slow down in providing added value to the economy. We will continue to produce for our country and invest back into our country with what we earn.
Representing our Chairman of the Board, Mr. Hüseyin Nuri Çomu, who was invited by our Minister of Treasury and Finance, Mr. Berat ALBAYRAK, I participated in the ‘Total Fight Against Inflation Program.’ We are supporting the 10% discount decision taken during the program through our companies. We have decided on a 10% discount on Sunar 1L and 2L Corn Oil produced by our company until the end of 2018. At our fresh fruit production company NÇS Tarım, we are offering a 10% + 5% discount on all products meeting the final consumer via our nuribeyciftligi.com website. Our company Sunar Özlem, a member of TUSAF (Turkish Flour Industrialists’ Federation), has joined the decision taken by TUSAF regarding the Total Fight Against Inflation Program by deciding on a discount for our 50kg Bread Flour product, contributing to the protection of the current price of bread, our people’s most basic need.”
The Çomu Family, who contributes to their region and the Turkish economy through the Sunar Group of Companies they founded, has gifted a significant landmark to Adana with the Nuri Çomu Mosque, the construction of which they undertook. The opening ceremony, held with the participation of local protocol and NGOs that shape Adana’s social environment, continued with Friday prayers. Following the prayer, a meal was served to the congregation.
