PROJECT

Projects

Environmental & Social Review Summary

Project Number

46580

Company Name

SANKO HOLDING ANONIM SIRKETI

Date ESRS Disclosed

Jul 12, 2023

Country

Turkiye

Region

Central Asia and Turkiye

Last Updated Date

Oct 25, 2025

Environmental Category

B - Limited

Status

Active

Previous Events

Approved : Nov 15, 2023
Signed : Dec 21, 2023
Invested : May 6, 2024

Sector

Integrated Textile Operation (Spinning, Weaving/Knitting, but no Garment )

Industry

Manufacturing

Department

Regional Industry MAS MCT

Project Description

Gaziantep-Turkiye based Sanko Group, a family-owned Turkish industrial group of companies owned by Sanko Holding A.S. (“Sanko Holding” or the “Sponsor” - https://www.sanko.com.tr/en/home.aspx) is a 120-year old Turkish conglomerate operating mainly in the textile, energy, construction, packaging, cement and real estate sectors. The Group has launched a US$405 million multiyear corporate investment program for three key Group companies: (i) Sanko Textile Inc. (“Sanko Tekstil|” - https://www.sankotextile.com/), a textile manufacturer; (ii) Super Film Packaging Industry and Trade Inc. (“Super Film” - https://www.superfilm.com/en/), a packaging company; and (iii) Cimko Cement and Construction Industry and Trade Inc. (“Cimko” - https://www.cimko.com.tr/Home), a cement producer (together the “Project Companies”).

The proposed IFC investment is a senior secured corporate loan to support the Sanko Group’s investment program with an up to i) US$98 million to Sanko Textile for the greenfield expansion of its ring spinning plant and a new recycling plant in Gaziantep including a total 8.45 MW roof top solar panels installation above the two buildings; ii) US$80 million to Super Film for its greenfield plant investment in Luleburgaz, a district of Kirklareli; and iii) US$42 million to Cimko for its modernization of and energy efficiency investments and  a greenfield 32 MW solar power plant inside of the  Cimko Cement plant area in Narli; (iv) US$25 million capex at Sanko Tekstil, Super Film; and Cimko facilities in Gaziantep to refurbish and reinforce the plants given all have been impacted by the earthquakes happened in Türkiye in February 2023 (the “Project”).

Greenfield ring spinning plant expansion and new recycling plant are located in the 2nd Organized Industrial Zone in Gaziantep on the existing land owned by Sanko Tekstil since 1997. The construction works of these plants were completed in 2023, machinery installation and commissioning works are ongoing. The greenfield plant of Superfilm in Kirklareli occupies 140,000 m2 land which was purchased from another investor in 2010. This plant is expected to be operational at the begining  of 2024. Cimko will establish a 32 MW solar power plant located on a land within the premises of Cimko plant in Narli, Kahramanmaras.

Cimko, started with limestone extraction activities at the quarry site (610 ha) which is located at a 3 km distance to the nearest village settlement (Akcakoyunlu village) in 2005. The limestone quarry site has capacity of extraction of 9 mln ton/year and since 2016 has been operated by a Cimko’s contractor company (MSK Enerji A.S.).

The energy efficiency and modernization investments of Cimko at its Narli plant include alternative fuel investments consisting of mechanical alternative waste fuel feeding system and improvements on the existing Refuse Derived Fuel (RDF) facility (installation of a new tire shredder), increasing waste feeding efficiency by installing a hot disc in the preheater tower; renewable energy developments which include solar power plant and Waste Heat Recovery (WHR) upgrade; energy efficiency investments including cement mechanical dispatch system; and modernization of the fire system.

The investments at the Group’s textile business (Sanko Tekstil) involves expansion of the ring spinning and increasing capacity of the company in producing recycled yarn in Gaziantep in Southeastern Turkiye (increasing of yarn production from 250 to 400 tons/day, knit fabric production from 40 to 100 tons/day, dyeing capacity from 20 to 35 tons/day and recycling capacity from 80k to 200k tons/year).

Poligon Insaat (https://www.poligoninsaat.com.tr/) is a Sanko Holding enterprise responsible for all construction of greenfield Sanko Tekstil Gaziantep and Superfilm Kirklareli plants.

The Sanko Group was a long standing IFC client until 2020. Previous investments with Sanko Group companies (Sanko Cement #24757 - https://disclosures.ifc.org/project-detail/ERS/24757/sanko-cement; Superfilm #31983 – https://disclosures.ifc.org/project-detail/ESRS/31983/superfilm; and Cimko Cement II #33753 – https://disclosures.ifc.org/project-detail/ESRS/33753/cimko-cement-ii). The environmental and social (E&S) performance at closure of these projects was satisfactory.

Overview of IFC's Scope of Review

IFC's E&S appraisal included a visit to two Cimko cement facilities in Kahramanmaras and Adiyaman, three textile facilities in Gaziantep and Adiyaman, and Super Film packaging facility in Gaziantep in November 2022. IFC undertook reviews of environmental, health, and safety (EHS) and social-related information submitted by Sanko Tekstil, Super Film, and Cimko. IFC reviewed existing E&S policies; management systems and monitoring programs; procedures and plans; human resources (HR) management policies and plans; organizational environmental and social governance and reporting structures.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Broad Community Support

Environmental & Social Action Plan