Eti Maden: The Leader of World Boron Market

Dr. Murat BiLEN

Head of Development of Technology Department

2

ETİ Maden

Eti Maden: The Leader of World Boron Market

• Date of Establishment: 1935– 1935 -1998 ETİBANK– 1998 -2004 ETİ Holding A.Ş.– 2004 -….. Eti Maden İşletmeleri Genel Müdürlüğü

• Main Field of Activity: The production and sales of boron products.

• Legal Status: State owned company

• Management Systems:• Quality Management System TS-EN-ISO 9001: 2008 • Environmental Management System TS-ISO-EN-14000• Occupational Health & Safety Management System

TS-İSG-OHSAS 18001• General requirements for competence of test and calibration laboratories TS-EN ISO/IEC 17025

3

Boron Minerals Reserve of Eti Maden

BASIN NAME AMOUNT (Gross Ton)

EMET (Colemanite) 1.818.264.009

KIRKA (Tincal) 838.152.732

BİGADİÇ (Colemanite-Ulexite) 636.287.478

KESTELEK (Colemanite) 5.420.009

TOTAL 3.298.124.228

Mining Ore Dressing Refining Boron

Chemicals

Specialty Boron

Products

4

Value Chain

5

Production Sites of Eti Maden

EMET BORON WORKS

BİGADİÇ BORON WORKS

BANDIRMA BORON AND ACİD WORKS

KIRKA BORON WORKS

ETİ MADEN İŞLETMELERİ GENEL MÜDÜRLÜĞÜ 

     

    

     

     

     

6

BANDIRMA BORON WORKS

• Borax Decahydrate• Borax Pentahydrate • Boric Acid• Boron Oxide• Etidot-67 (Agri Boron)• Sulphuric Acid

EMETBORON WORKS

• Boric Acid • Concentrated

Colemanite

KIRKABORON WORKS

• Etibor-48 (Borax Pentahydrate)

• Etibor-68 (Anhydrous borax)

• Calcined Tincal (Compacted)

BİGADİÇBORON WORKS

• Ground Colemanite / Ulexite

• Concentrated Colemanite / Tincal / Ulexite

• Natural Zeolite

Boron Products of Eti Maden

7

Eti Maden in Figures; Production & Capacity of Boron Products

Eti Maden: The Leader of World Boron Market

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014E0

300

600

900

1,200

1,500

1,800

2,100

2,400

435 420 436 518715

923 1,021 1,1021,312

1,002

1,400

1,780 1,788 1,800

2,100

570

730

1,100

1,272 1,2771,365

1,725

2,125 2,131 2,181Production Capacity

Thou

sand

Ton

s

8

Eti Maden in Figures; Sales

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014E0

200

400

600

800

1,000

1,200

18 16 15 21 24 23 23 15 16 17 18 25 25 30 30215 209 186

207 252 299367 384

519 435629

829 797 799

1,000

233 225 201 228276

322390 399

535

452

647

854822 829

1,030Domestic Sales Export Total Sales

Mill

ion

USA

$

9

Regional Export of Eti Maden

Asia58.5%

Europe27.1%

America12.5%

Middle East1.6%

Africa0.3%

Eti Maden: The Leader of World Boron Market

10

Consumption of Boron Products in the World & Change in Eti Maden’s Market Share

• 31%2000

• 30%2002

• 36%• World

Boron Leader

2005

• 42%2010

• 47%2013

Change in Eti Maden’s Market Share, %

• 3.12000

• 2.72002

• 3.3• World

Boron Leader

2005

• 4.02010

• 4.02013

Consumption of Boron Products in the World (Million Tonnes)

Eti Maden: The Leader of World Boron Market

11

Our Marketing Representatives & Agencies

ETIMINE,Pittsburgh,

USA

ETIMINE,TURKEYAnkara

ETIMINE ASIA, Shanghai,

CHINA

ASIAN AGRO CHEMICALSCORPORATION,

U.A.E

MARIO PILATO S.A,

Valencia, SPAIN

AFRO-GLOBAL GROUPPTY.LTD.

SOUTH AFRICASaxonwold

ETIMINE SRL,ITALY

ETIMINE SA, Bettembourg, LUXEMBOURG

AB ETI PRODUCTS O.YFINLAND

Espoo

BOROCHEMIE INTERNATIONALPTE.LTD.,

SINGAPORE

ETI PRODUCTS RUSSIA Mscow,RUSSIA

Eti Maden is stated as 16th in export rank in the list of “Top 1000 Exporters of Turkey”

Eti Maden in Turkish Economy

12Eti Maden: The Leader of World Boron Market

13

World Boron Minerals Reserves

PERU2%

ARGENTINA 1%

BOLIVIA2%

CHILE3 %

CHINA 4%

RUSSIA8%

TURKEY% 73

KAZAKHSTAN1%

USA6 %

Eti Maden: The Leader of World Boron Market

World total is about 4 Billion ton

14

World Boron Consumption by End-Use in 2013

Glass51%

Ceramics13%

Agriculture14%

Detergents3%

Others19%

Eti Maden: The Leader of World Boron Market

15

R & D Works

Aim; Increasing production efficiency Develop new usage areas Develop new products Contribute boron technology

Strategy; Rather than waiting the growth of boron market, leading to develop market by finding new boron products and new usages.

Strategy; Make/support scientific studies intented for industrial applications

16

R & D WorksSODIUM PERBOR

ATEMONOHY

DRATE

TRIMETHYL

BORATE

AGRI-BOR

&ZINC

BORATE

BORON OXIDE

CALCINED

TINCAL

ANHYDROUS

BORAX

Completed projects

SODIUM

BOROHYDRI

DE

CALCINED

COLEMANIT

EBORON

SODA

Eti Matik Ongoing projects

Eti Maden: The Leader of World Boron Market

17

Boron Soda

Eti Maden: The Leader of World Boron Market

Aim:- reducing environmental effects

of SO2 and CO2 (as a greenhouse gas),

- achieving absorption of SO2 and CO2 in boron solutions

New Product

- producing a mixture product with boron compounds and the Soda which is raw material input especially in glass industry.

- Na-borate compounds containing soda is produced.

18

BORON IN IRON AND STEEL INDUSTRY

During steel production, Iron scrap is melted down in an electric arc furnace and then molten steel is poured into a ladle. After skimming the slag, it crumbles easily after a few days and becomes fine material like powder which is hydrophobic in nature and cause environmental problems.

For solving this problem we have cooperated with the companies and industrial scale testworks have been carried out in the iron and steel plant in Turkey.Our new boron product, was added to the molten slag in the ladle and found that the bulk density of the slag increased from 1,36 ton/m3 in the powder state to 2,64 ton/m3 in the compact state.

As a result of this study handling cost and environmental significantly impact is reduced.

A Cost Effective Solution

New Product

Eti Maden: The Leader of World Boron Market

19

Eti Matik

Eti Maden: The Leader of World Boron Market

Eti Maden, completed R&D works and produced detergent with trade name «Eti Matik Borlu Temizlik Ürünü»,

- It’s NOT a detergent- It doesn’t contain any petrolium derivatives and sulphate. - So, we call it Cleaning Product, but not Detergent- It’s a responsible product to Human health and environment

New Product

20

Target:

- Producing a new product for fertilizer industry

Specs for Colemanite:+3 – -4 mm, 30 % B2O3

Specs for Ulexite:+3 – -4 mm32 % B2O3

New ProductBORON IN AGRICULTURE

21

Some other R&D studies:

- Timber Preservation

- Flame Retardant

- Energy

- Defense industry

- Hyraulic Fracturing

OTHERSEnd USE

Eti Maden: The Leader of World Boron Market

22

Long Term Targets (2023)

570 Thousand tons

2,18 Million tons

5.5 Million Tons

2023

2014

2000

Installed Production Capacity

Eti Maden: The Leader of World Boron Market

Last ten years the production capacity has increased about four times and coming ten years it is

planned to be double

23

STRATEGIC PARTNERSHIP

JOINT VENTURE

COOPERATION

WIN-WIN APPROACH

• Eti Maden is open to cooperate with local or foreign technology firms to develop innovative boron products.

• As a reliable and the leading supply source of boron products, Eti Maden encourages the local and foreign private investors to invest in those boron using industries in our country.

GROWTH TOGETHER

24

For more information: www.etimaden.gov.tr