How Will the UN's Iran Sanctions Effect The Turkish Chemical Industry?

ImageIn the last five years, Turkey's chemical industry exports have increased by an average annual rate of 5%. These exports make up 5.7% of Turkey’s total exports . The industry exported 4.9 billion in 2008 and this increased by 7.5% in 2009, reaching 5.2 billion dollars. On the other hand, Turkey's chemical industry imports totalled $20 billion in 2009, falling by 21 percent when compared the previous year.

Can Turkey Become A Producer in the North America Market?

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Namik Ekinci, President of Istanbul Iron and Steel Exporters? Association.
During 1980s, the Turkish iron and steel industry showed great progress, which paralleled the establishment of the electric arc furnace mills and developments in the economic structure. Today, with its integrated plants that have capacities ranging from 1 million tons up to 3 million tons and with 16 electrical arc furnaces whose capacities run from 400.000 tons up to 2 million tons, the iron & steel industry has become one of the most developed sectors of Turkey and makes a significant contribution to the Turkish economy.

Turkey Sells Products to the World but Its Exports to The U.S. Market Decreasing

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Turkish Trade Minister Zafer Caglayan with Omer Guner, TURKOFAMERICA's General Manager.
Turkey’s Foreign Trade Minister Zafer Çağlayan, who spoke to TURKOFAMERICA magazine about the trade issues between the two countries, said “We are carrying out our activities both through state-wide private sectors and through the federal government in order to gain more benefits from exports, and we will continue these efforts with the same momentum.” Çağlayan told TURKOFAMERICA about Turkey’s export strategy:

Wind Energy Is Coming On Strong in Turkey

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Prof. Dr. Tanay Sidki Uyar.
By Muge Mengu Hale
-  As one of the most ancient energy sources, wind is helping the world to overcome its energy and financial crises. Turkey is one of the many countries turning to this source. With the progress in wind technology, wind power generation costs have fallen in half in a decade. Wind energy is considered low-risk for investors with no fuel costs and stable costs of electricity generation. Most governments encourage wind investments with incentives such as feed-in tariffs. As a result, the global wind energy sector has expanded fast at 29% last year.

How to Expand Your Company in Clean Tech Sector

ImageA Syracuse-based business incubator funded by the New York State Energy Research and Development Authority (NYSERDA) today released the first comprehensive directory created to connect emerging clean technology companies with resources in Central New York that can help develop, grow, and retain businesses in this growing sector.  The Clean Tech Asset Guide was published by the Clean Tech Center, a program of the Greater Syracuse Chamber of Commerce located at the Tech Garden in downtown Syracuse. 

A New Identity for Izmir - Inoviz

ImageThe three major universities in Izmir (Ege University, 9 Eylül University and Izmir Institute of Technology) are acknowledged as the national and international authorities in Biomedical Technologies, subjects including but not limited to Bioengineering, Bio-mechanics, and Materials Sciences. Human resources, physical infrastructure, and research results in this field have more than sufficient capacity to lead the Biomedical Technologies Industry and Production Sector, which is now beginning to develop in Izmir.

A Potential Destination for Turkish-American Energy Contractors

ImageBy Burcak Akduman - Kyrgyzstan is the only country in Central Asia, the water resources of which are located in its own territory almost entirely, and this is its hydrological peculiarity and advantages, as well as one of its main assets. The water reserves are estimated at approximately 2,458 km3, 1,745 km3 of which are lake waters and 650 km3  in glaciers.  The total surface river flow is 50 km3 and groundwater resources make up 13km3. The Kyrgyz Republic is a country, the greatest part of which is surrounded by mountains, with a population of 5.3 million people,

American Biotech Industry Facts

ImageBiotechnology is a $89 billion a year industry in the U.S. that has produced some 160 drugs and vaccines. According to Erns & Young report, in 2008 the revenues of the publicly traded global biotechnology industry increased by 12%, from US $80.3 billion in 2007 to US$89.7 billion. According to the same report, in Europe, the revenues of publicly traded companies increased by 26%. This growth rate was boosted by the impact of fluctuations in the exchange rate — when stated in euros, revenues grew by 17%.

Brief Outlook to American Energy Industry

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Gurcan Gullen, Senior Energy Economist at the Center for Energy Economics, University of Texas at Austin.
By Ali Çınar -
President Obama administration and Congress are keen on spending large sums of money on renewables, smart grid and energy efficiency.  There are federal loan guarantees, production tax credits, investment tax credits, and some state incentives to support these technologies. Dr. Gurcan Gullen, Senior Energy Economist at the Center for Energy Economics, University of Texas at Austin, says that it is not clear that all of this support will help establish some of these technologies, but when there is “free” money from the government, companies are lining up to get their share. 

A Strong Voice of the Sephardic Community

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Marc D. Angel, Rabbi emeritus of Congregation Shearith Israel, the historic Spanish and Portuguese synagogue in New York City.

Rhodes is a small island, just off the Turkish Coast, with a history that is as colorful as the natural beauty of the island. According to famous Jewish historian Abraham Galant, as the 16th century opened, Cardinal D'Aubusson of Rhodes initiated forced conversion of the Jews to Catholicism and other persecutions. His intended expulsions were rescinded only because he died suddenly. Soon after, Christian pirates captured more than 2000 Jews and forced them to work on fortifications. When the Turks, under Suleiman the Magnificent (1520-1566) besieged the island, the Jews sided with the invader, who was victorious.
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