Formül Plastik builds a 1-billion-lira integrated pipe plant in Tekirdağ
Formül Plastik ve Metal Sanayi is investing 1 billion lira in a new integrated PPR/PVC/PERT pipe plant on a 75,000 m² site in Çerkezköy; 65-70% of the investment is planned to be completed by end-2026.
Formül Plastik ve Metal Sanayi AŞ is building a new integrated pipe plant on roughly 75,000 square meters of land in Çerkezköy, Tekirdağ, with about 40,000 square meters of enclosed space, to increase production capacity. The announced investment is 1 billion Turkish lira; the plant will produce PPR, PVC and PERT pipe.
Board member Ömer Hot said the company expects 65-70% of the investment to be completed by the end of 2026, and that capacity is expected to grow by 20-22% in the first year after the new plant comes online.
What does this mean for a molder?
Large domestic capacity additions like this can sharpen competition in raw-material and component supply chains over the medium term — tracking the scale of new entrants is a useful reference point when planning your own capacity decisions.
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