Overview
Revenue
$2 to $5 billion (USD) per year
Aygaz, the first company of the Koç Conglomerate operating in the energy sector, was founded in 1961. The Company has sustained its leading position for half a century in its core business, LPG sector. Today, Aygaz ranks among the top five LPG companies in Europe by virtue of its sustainable and strong growth policies As the 10th largest industrial company in Turkey according to the 2011 list compiled by the Istanbul Chamber of Industry, Aygaz ranked 19th in the Turkey Fortune 500 by advancing two places. Aygaz is the one and only publicly traded company in the LPG sector. The competitive advantage of Aygaz, which is the best known brand of cylinder gas in Turkey, derives from its deep-rooted experience and know-know as well as its innovation and reliable position in the sector. Aygaz, which continuously strengthens its brand name by closely following and acting on changing patterns of consumer demand through a proactive approach and enhancing its product range, strives to lead the change. In its core business field, Aygaz, • Distributes LPG as autogas, cylinder gas, and bulk gas, • Manufactures and sells LPG cylinders, tanks, valves and regulators • Markets LPG-operated devices Aygaz A.S. purchases from local refineries and distributes liquified propane gas. The Company also markets plastifiers, alcohols, solvents, aromatic hydro- carbons and general purpose plastics. Aygaz operates a fleet of ships and LPG filling plants. Life really is a gas, gas, gas for Aygaz. One of Turkey's largest energy companies, Aygaz produces liquefied petroleum gas (LPG) for domestic and international use. Its domestic unit is engaged in sourcing, storing, and distributing LPG to residential, commercial and industrial customers (via about 1,940 gas dealers and automotive gas stations). The group also produces storage tanks, cylinders, valves, regulators, and heaters. The International division, which includes a fleet of oceangoing tankers, exports LPG to about 20 countries. It is the second largest LPG producer in Europe. Aygaz, which was founded in 1962, is part of Koç Holding, a large Turkish conglomerate.
