Eren Holding

Last updated
Eren Holding
Company typePrivate
Industry Conglomerate
Founded1997
Headquarters
Istanbul, Turkey
Area served
Worldwide
Products Energy
Cement
Paper
Services Retailing
Number of employees
10000 [1]
Subsidiaries
List
  • Eren Energy
    Medcem Cement
Website www.erenholding.com.tr

Eren Holding is a conglomerate headquartered in Istanbul, Turkey. It has business interests in paper, packaging, cement, energy, retail and textiles. [2] The holding company was established in 1997, although the history of the group dates back to 1969. [3]

Contents

Eren Holding's chairman is Ahmet Eren. The group employs 10,000 people. In 2022 Eren Enerji generated 5% of the country's electricity, second to EÜAŞ at 15%. [4] : fig 1.10  Due to its coal-fired power stations subsidiary Eren Enerji is one of the largest private sector greenhouse gas emitters in Turkey.

History

Eren was established by four brothers from Bitlis. In 1969, Er-os Çamaşırları A.Ş., an underwear manufacturer and trademark was established. In 1998, Eren Holding entered the energy sector with Modern Enerji Elektrik Üretim Otoprodüktör Grubu A.Ş. In 2003, the Rixos Hotel Bodrum was put into service in Bodrum, Turkey, marking the company's entry into the tourism industry. In 2007, Eren Enerji started construction of a 1360 MW coal-fired power plant in Zonguldak, which was completed in 2010. In 2012, Eren Perakende created the multi-brand shoe concept SuperStep stores and multi-brand kids store chain SuperKids. In 2014, a 6 MW biomass power plant started operating. In 2015, Modern Enerji established the first solid waste incineration facility in Turkey. Also in 2015, Modern Karton completed construction of a new paper factory. [5]

In the late 2010s Eren Holding’s power plants generated 7.5% of Turkey’s electricity. [6] In 2019, Eren Enerji Elektrik Üretim A.Ş received a silver award at the industry and energy category of the Green World Awards. [7] That was criticized by environmental organizations as greenwashing. [8]

Operations

Eren Holding controls businesses across several sectors, including energy, paper, cement, retail, ports, packaging and textiles. It owns ports in Zonguldak and Mersin. [9] Its subsidiaries Eren Kağıt and Modern Karton collect waste paper and recycle it into corrugated fiberboard. [10]

Eren owns Turkey's biggest cement factory—Medcem Çimento—in Mersin. [11] As local demand collapsed in 2019, the factory concentrates on exports. [12]

ErenTekstil A.Ş. manufactures cotton textiles. [13] Eren Perakende represent a number of international brands in Turkey, including Lacoste, [14] Burberry, GANT, Nautica and Converse. In addition to its physical stores, it sells online through Occasion, Sanal Çadır, SuperStep and FashFed [15] e-commerce sites.

Eren Holding's subsidiary Eren Enerji owns the coal-fired ZETES power stations. [16] Another energy subsidiary, Modern Energy, owns a solid waste incineration facility and natural gas-fired and biomass-fired power plants in Çorlu. [17]

Greenhouse gas emissions

Due to its coal-fired power stations, coal-fired steam boiler [18] and cement factory in Silifke, [19] Eren is one of the largest private sector greenhouse gas emitters in Turkey. As the largest private sector owner of coal-fired electricity generating capacity in Turkey the company is on the Global Coal Exit List, [20] : Output sheet row 1025  and is one of the largest greenhouse gas emitters in the country: however although corporate emissions measurements are reported to the government they are not published. [21] Climate Trace estimates Eren Energy’s coal-fired power plants emitted 15 million tons, over 2%, of the country’s greenhouse gas in 2022. [22]

Related Research Articles

<span class="mw-page-title-main">Kardemir</span>

Kardemir is a Turkish steel producer. The name is a contraction of the Turkish language Karabük Demir Çelik Fabrikaları, which means "Karabük Iron and Steel Works".

<span class="mw-page-title-main">Energy in Turkey</span> Energy used and produced in Turkey

Energy consumption per person in Turkey is similar to the world average, and over 85 per cent is from fossil fuels. From 1990 to 2017 annual primary energy supply tripled, but then remained constant to 2019. In 2019, Turkey's primary energy supply included around 30 per cent oil, 30 per cent coal, and 25 per cent gas. These fossil fuels contribute to Turkey's air pollution and its above average greenhouse gas emissions. Turkey mines its own lignite but imports three-quarters of its energy, including half the coal and almost all the oil and gas it requires, and its energy policy prioritises reducing imports.

<span class="mw-page-title-main">Electricity Generation Company (Turkey)</span> Electricity generating and trading organisation owned by the Turkish state

The Electricity Generation Company is the largest electric power company in Turkey. Owned by the government, it produces and trades electricity throughout the country.

<span class="mw-page-title-main">Electricity sector in Turkey</span> Electricity generation, transmission and consumption in Turkey

Turkey uses more electricity per person than the global average, but less than the European average, with demand peaking in summer due to air conditioning. Most electricity is generated from coal, gas and hydropower, with hydroelectricity from the east transmitted to big cities in the west. Electricity prices are state-controlled, but wholesale prices are heavily influenced by the cost of imported gas.

<span class="mw-page-title-main">Greenhouse gas emissions by Turkey</span> Climate-changing gases from Turkey: sources, amounts, and mitigation policies

Coal, cars and lorries vent more than a third of Turkey's six hundred million tonnes of annual greenhouse gas emissions, which are mostly carbon dioxide and part of the cause of climate change in Turkey. The nation's coal-fired power stations emit the most carbon dioxide, and other significant sources are road vehicles running on petrol or diesel. After coal and oil the third most polluting fuel is fossil gas; which is burnt in Turkey's gas-fired power stations, homes and workplaces. Much methane is belched by livestock; cows alone produce half of the greenhouse gas from agriculture in Turkey.

<span class="mw-page-title-main">Coal in Turkey</span>

Coal supplies a quarter of Turkey's primary energy. The heavily subsidised coal industry generates over a third of the country's electricity and emits a third of Turkey's greenhouse gases.

The Zonguldak Eren Termik Santrali (ZETES) power stations in Zonguldak are 3 coal-fired power stations in Turkey totaling 2790 MW owned by Eren Holding via Eren Enerji.

<span class="mw-page-title-main">Afşin-Elbistan power stations</span> Coal fired power stations in Turkey

The Afşin-Elbistan power stations are coal-fired power stations in Afşin in Kahramanmaraş Province in Turkey. The area is a sulfur dioxide air pollution hotspot: Air pollution can be trapped by the surrounding mountains, and Greenpeace say that measurements they took nearby in late 2020 show illegal levels of particulates and nitrogen oxides. The Environment Ministry has not released the flue gas measurements.

Emba Hunutlu power station is a 1320 MW coal fired power station in Turkey in Adana Province. As of 2022 it is the largest Chinese foreign direct investment in the country. Despite opposition from many environmental organisations the plant was started up in 2022 and burns Russian coal as it is cheaper than other coal. The plant is less than 2 km from another coal-fired power station, İsken Sugözü.

Çayırhan power station is a 620 MW operational coal fired power station in Turkey in Ankara Province. In 2019 land was expropriated for another lignite mine, to feed the a proposed extension, which was opposed as uneconomic and eventually had its licence revoked.

Çelikler Holding is a conglomerate in Turkey with businesses in construction, concrete production, energy, and mining services. Due to its coal-fired power stations in Turkey it is a large private sector greenhouse gas emitter in Turkey and is on the Urgewald Global Coal Exit List.

İÇDAŞ, is a conglomerate in Turkey with businesses in construction, concrete production, energy, and mining services. Due to its coal-fired power stations it is one of the largest greenhouse gas emitters in Turkey.

Diler Holding, is a conglomerate, founded by Mustafa Yazıcı during 1949, in Turkey with businesses in iron and steel, energy, ports, banking, and tourism. Due to its large coal-fired power station in Turkey it is a large private sector greenhouse gas emitter in Turkey.

İsken Sugözü power station is a 1320 MW operational coal fired power station in Turkey.

Şırnak Silopi power station is a 405 MW operational power station in Silopi, in Şırnak Province in the south-east of Turkey. It is fuelled with asphaltite from Silopi asphaltite mine.

<span class="mw-page-title-main">Çatalağzı power station</span> Coal-fired power station in Turkey

Çatalağzı power station (ÇATES) is a coal-fired power station in Turkey. Its two units opened in 1990 and 1991, and it was privatised in 2014. The plant was shut down for not meeting new air pollution regulations for coal in Turkey in January 2020, but was granted a one-year temporary operating licence by the Turkish Environment Ministry in June.

Coal in Turkey generates between a quarter and a third of the nation's electricity. There are 54 active coal-fired power stations with a total capacity of 21 gigawatts (GW).

Kazancı Holding is a holding company based in Turkey.

References

  1. ↑ "Eren Holding". www.erenholding.com.tr (in Turkish). Retrieved 2023-03-20.
  2. ↑ "Eren Holding". www.bloomberg.com. Archived from the original on 2023-03-14. Retrieved 2019-12-24.
  3. ↑ "Eren Holding". www.erenholding.com.tr (in Turkish). Retrieved 2023-03-20.
  4. ↑ Electricity Market Sector Report 2022 (Report). Energy Market Regulatory Authority.
  5. ↑ "Eren Holding". www.erenholding.com.tr (in Turkish). Retrieved 2023-03-15.
  6. ↑ "4 milyarlık ciroyu 2023 yılına öteledik". Ekonomist. Retrieved 2023-11-03.
  7. ↑ "GREEN WORLD AWARD WINNERS 2019". Green World Awards. Retrieved 2023-03-15.
  8. ↑ "Öztürk: Eren'e verilen çevre ödülü bir algı operasyonu". Archived from the original on 2020-02-01. Retrieved 2020-02-01.
  9. ↑ "Eren Holding". www.erenholding.com.tr. Archived from the original on 2019-12-24. Retrieved 2019-12-24.
  10. ↑ "Eren Holding". www.erenholding.com.tr. Archived from the original on 2019-12-24. Retrieved 2019-12-24.
  11. ↑ "Medcem Maden". www.medcem.com.tr. Archived from the original on 2019-12-24. Retrieved 2019-12-24.
  12. ↑ "What characterised the cement world in 2019?". International Cement Review. 20 December 2019. Archived from the original on 2019-12-24. Retrieved 2019-12-24.
  13. ↑ "Eren Holding". www.erenholding.com.tr. Archived from the original on 2019-12-24. Retrieved 2019-12-24.
  14. ↑ "Eren Holding". www.erenholding.com.tr. Archived from the original on 2019-12-24. Retrieved 2019-12-24.
  15. ↑ "FashFed". Archived from the original on 2023-02-03. Retrieved 2023-02-15.
  16. ↑ "ZETES power stations - Global Energy Monitor". Ijglobal.com. Global Energy Monitor. Archived from the original on 2020-01-31. Retrieved 2020-02-01.
  17. ↑ "Eren Holding". www.erenholding.com.tr. Archived from the original on 2019-12-24. Retrieved 2019-12-24.
  18. ↑ "Eren Holding". www.erenholding.com.tr. Archived from the original on 2019-12-24. Retrieved 2019-12-24.
  19. ↑ "Emissions Map - Climate TRACE". climatetrace.org. Archived from the original on 2022-11-12. Retrieved 2023-03-19.
  20. ↑ "Eren". coalexit.org. Urgewald. Archived from the original on 2023-03-14. Retrieved 2020-03-06.
  21. ↑ 7th communication v2 (2019), p. 72.
  22. ↑ "Comparison Tool - Climate TRACE". climatetrace.org. Retrieved 2023-12-04.

Sources

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.