About MS Marble Team

MS Marble has been operating in the industry since 2019. Between 2019 and 2022, it exported to countries such as Belgium, Germany, France, Argentina, USA, Algeria, Tunisia, UAE and Qatar. In this context, MS Marble has achieved many successes and is both the market and opinion leader of the marble industry. With 3 years of industry experience, all issues related to the project have been carefully researched and experienced. In the light of these experiences gained, it has become MS Marble's goal to make large investments in this regard to appeal to global markets.

MS MARBLE ENERGY LOGISTICS DOMESTIC AND INTERNATIONAL TRADE LIMITED COMPANY

MS Marble has been operating in the sector since 2001. Between 2001 and 2022, it has conducted exports to countries such as Belgium, Germany, France, Argentina, the USA, Algeria, Tunisia, the UAE, and Qatar. In this context, MS Marble has achieved numerous successes, establishing itself as both a market and thought leader in the marble industry. With 21 years of sector experience, all aspects related to the project have been meticulously researched and experienced. Based on these experiences, making substantial investments capable of addressing global markets has become the goal of MS Marble.

MARBLE SECTOR IN TURKEY AND WORLDWIDE Turkey is situated in a region with different geological belts, offering rich natural stone reserves due to the presence of various stones within these belts. Turkey boasts approximately 5.2 billion cubic meters of marble reserves, constituting 41% of the world's marble reserves.

The increasing demand for marble usage both globally and in Turkey renders the sector an attractive investment area. Thus, in the marble sector in Turkey, there are approximately 2,500 marble quarries, nearly 2,000 factories, and around 8,000 workshops employing approximately 350,000 people.

Some of the most recognized marble varieties produced in Turkey and well-known in the international market include Burdur beige, Usak white, Süpren, Elazığ cherry, Akşehir black, Manyas white, Bilecik beige, Kaplan fur, Denizli travertine, Aegean burgundy, Milas lilac, Gemlik diabase, and Afyon sugar. The utilization of natural stones as building and decoration materials has led to an increase in global stone production. The marble mosaic production sector's sole raw material source is the marble production industry.

 

In terms of marble diversity, Turkey ranks first globally with more than 290 varieties, exceeding the world average. There are over 80 different structures and over 120 different colors and patterns of marble reserves, proving their commercial sustainability. The marble varieties in Turkey possess richness and quality that can compete in the global market. These marbles are typically types that attract attention in the world market due to their superior quality. Moreover, considering the utilization of marble waste in various industrial sectors is crucial, both in terms of environmental and economic factors.

As marble is predominantly used as a construction material in Turkey, the demand for marble increases parallel to construction investments. Additionally, the usage of marble for ornamental and decorative purposes has significantly risen due to increased community welfare, widespread application in collective housing, and tourism investments in recent years. Some of the marbles and marble products produced in Turkey are used for domestic consumption, while others are exported.

Primarily owing to their aesthetic appeal and durability, marbles extensively used in artistic fields have their main current applications in the marble industry, decoration, sculpture, ornamental items, and tombstones. Based on this data, it is evident that marble has a broad market spectrum.

The international demand for marble blocks, especially processed marble and granite products, is steadily increasing. There's international competition among selective markets and high-quality products, primarily involving countries like Italy, Spain, Portugal, and Greece. Particularly in recent years, significant advancements have been observed outside these countries, with Turkey, India, and China establishing themselves significantly in this field and securing their positions in this competition.

Turkey holds the world leadership in block marble sales. Approximately 84% of the natural stones extracted in Turkey are sold to China, which leads the world in the processed stone industry. The United States is the largest stone importer globally. As the number of investments in the marble sector has increased, the export potential has also risen. Marble exports show an annual increase compared to the previous year.

An integrated technology is implemented in marble processing plants where marble blocks are obtained and, through cutting machines like gang saws and ST-type machines, a meticulous polishing and finishing process results in offering customers slabs and tiles. The future of the sector in Turkey in terms of natural stones lies in its diversity and reserves, industry experience, abundance of raw materials, ease of transportation via sea routes, dynamic sector structure, utilization of new technologies, and a wide range of colors. Turkey holds a significant place in the global natural stone market due to its adopted model quarrying methods and advanced techniques in natural stone production.

MS Marble has decided to purchase and operate 11 different mining quarries identified through geological surveys and reports conducted in Turkey. Extracting and processing the high reserves found in these mining quarries will comfortably meet the customer demands existing worldwide. Additionally, a substantial investment will evidently lower the production costs per unit, allowing for competitive trading levels in the global sector. Consequently, this significant investment is poised to be recouped within a 5-year period. The acquisition of 11 mining quarries in different locations in Turkey will ensure quality, reserves, and continuity in the regions, resulting in the production of premium products through investments in color, selection, and characteristics.

The implementation of this project is expected to generate employment benefiting at least 2,500 individuals. The planned exports will increase Turkey's share in the international market by 10%, leading to an increase in foreign currency inflow to the country.

Based on all these data and observations, the investments related to the acquisition and operation of quarries, factories, and facilities will include:

  1. Purchase of a total of 11 mining quarries in various regions and provinces of Turkey.
  2. Establishment of workshops and factories for each mining quarry.
  3. Installation of 11 large-scale factories dedicated to each mining quarry at the main center.
  4. Creation of a storage area comprising 11 independent sections at the main center.
  5. Acquisition of a total of 44 sets of various heavy machinery (loaders, excavators, crushers, loaders, carriers, and equipment for extracting marble blocks) for each mining quarry.
  6. Purchase of 160 trucks and trailers for transportation between quarries and factories and shipment for sales.
  7. Procurement of 2 sets of various machinery and carriers for excavation operations for each of the 11 quarries.
  8. Provision of cranes, forklifts, and service vehicles for quarries and factories.
  9. Establishment of accommodation facilities at the main center to host domestic and international customers.
  10. Creation of accommodation and dining halls for staff staying at the quarries.
  11. Acquisition of state-of-the-art cranes, multiple cutting machines, gang saws, sizing machines, polishing and finishing machines, laser and wet cutting machines, and small equipment for factories at the main center.
  12. Hiring of 500 personnel to create employment opportunities.
  13. A total of 120 terrain-compatible vehicles suitable for personnel use in each factory and quarry,
  14.  Administrative buildings for each factory and quarry,
  15. Interior design and technology devices for administrative buildings in factories and quarries,
  16.  Communication infrastructure between factories and quarries,
  17. Fuel stations for all factories and quarries (minimum 3 units),
  18. Installation of 12 woodwork workshops capable of casing operations in factories and quarries,
  19. Installation of water and electricity energy systems in factories and quarries,
  20. Interior and exterior landscaping in the area where the main center's factories are located,
  21. Establishment of a health center at the main center,
  22.  Construction of facilities for staff accommodation at factories and quarries,
  23. Establishment of technology and IT infrastructure, 
  24. Implementation of green areas and afforestation efforts through the Ministry of Agriculture and Forestry in the areas where the mining quarries are located,
  25. Installation of wastewater treatment facilities in factories and quarries for treating wastewater generated during production,
  26. Provision of branches and warehouses in 5 designated countries for the products to be sold,
  27. Names of marble quarries to be purchased: leylak (lilac), sedef (mother of pearl), Elazığ vişne (Elazığ cherry), yeşil (green), siyah (black), empredor (emperor), beyaz (white), menekşe (violet), bej (beige), and granite.

MARBLE OPERATION INVESTMENT PLAN

1- The establishment period for the marble project ranges from a minimum of 6 months to a maximum of 2 years.

2- The operation and readiness of the quarries take a minimum of 6 months to a maximum of 9 months.

3- The establishment and operational readiness of quarry factories take a maximum of 1 year.

4- The activation period for the main center factories is a maximum of 1.5 years.

5- The procurement, installation, and activation of other equipment will take place within the specified periods.

The production capacities of the quarries and factories upon the implementation of the project are specified in Annex 1. In this context, the facility operating at full capacity will increase its production annually according to the rates indicated in Annex 2, becoming one of the largest facilities in Europe and the Middle East. Information regarding the facility's estimated annual turnover is provided in Annex 3.

The customer portfolio will primarily include European countries such as the United States, Belgium, the United Kingdom, Germany, France, as well as Arab countries (Qatar, UAE, Tunisia, Algeria, Morocco), China, India, and Russia.

For the comprehensive realization of the project and adherence to the time-action plan, the percentage distribution of the investment credit allocated is requested as follows:

  1. Phase 1: 40% - Purchase of mining quarries and equipment (detailed presentations and feasibility reports for each quarry will be provided).
  2. Phase 2: 40% - Establishment of factories (all details will be thoroughly reported).
  3. Phase 3: 20% - Completion of all deficiencies and commencement of operations.