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Old November 12th, 2000, 03:40 PM
Constantine Alexander
 
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Selcuk Food to produce energy from Olive Oil Cake.

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<pre>Turkish Daily News

Selcuk Gida has entered the food sector with a number
of large investments, and it is also planning to apply
to the Energy Ministry to get permission to produce
energy from oil cake. Company officials said that this
kind of energy production would be a first in Turkey.

Selcuk Gida Executive Board Chairman Eli Alharal said
that a new company had been set up under the name of
Sel Energy A.S. for the oil venture. Sel Energy A.S.
will produce energy from oil cake material, which is
an environmentally-safe waste product made from olive
oil. Selcuk Gida has been listed on the Istanbul Stock
Exchange (IMKB) since July 1999.

"The energy power station will be Turkey's first
Biomass product and it will cost about $20 million,"
Alharal said. "The station will be established in
Aydin's Germencik district and should be completed
within 14 months. Some 40 percent of the energy will
be used for Selcuk Gida A.S., 60 percent of the energy
will sell to Turkey Electric Distributing Company
[TEDAS]."

Selcuk Gida exports reach $20 million. Alharal also
said that Selcuk Gida was introducing its products
through direct marketing in Europe, the United States
and Israel. Some 95 percent of its dried fruit exports
are sold under the Eagle brand. "Selcuk Gida has a
large customer portfolio," he said. "Among our
customers are the companies Carrefour, Continent, Coop
Suisse Aldi and Lidl, and our exports increase every
year. Selcuk Gida's exports in 1985 totaled $700,000.
This number should increase to $20 million this year.
We also have been working with Migros, Tansas, Kipa
and Gima in the domestic market."

=====
Constantine Alexander
http://www.OliveTree.cc
Where Olive Oil is a Passion
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"Olio nuovo e vino vecchio"

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