Aygaz AS - Company Profile

Powered by

All the sales intelligence you need on Aygaz AS in one solution.

  • Save hours of research time with a comprehensive
    Sales Intelligence Solution.

  • Understand how Aygaz AS fits into your total
    addressable market and Ideal Customer Profile.

  • Gain competitive edge with triggers that tell you
    when and how to engage with Aygaz AS.

Get in touch about GlobalData Company reports

Contact the team or request a demo to find out how our data can drive your business forward

Business Description

Aygaz AS (Aygaz), a subsidiary of Koc Holding AS, is an integrated liquefied petroleum gas (LPG) company, operating in the LPG sector in Turkey. Its activities extend from cylinder production to marine transport. The company purchases LPG in bulk from the domestic and overseas markets and delivers it to retailers for distribution to customers. the company operates through three key segments: LPG and gas; cargo transportation and distribution; and petroleum products and electricity.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

R&D Overview

Aygaz has undertaken several R&D initiatives, focusing on developing innovative products and launching important projects through university-industry collaborations in FY2024. The company's R&D Center, aims to enhance product and service quality, improve business processes, and work on alternative fuels and clean energy. In FY2024, the center focused on advancing LPG use, enhancing product quality, and reducing emissions and carbon footprint. Notable projects include the development of a zeolite-based high-performance adsorbent for sulfur removal from LPG. The center also commercialized the Smart Scale, an IoT device for monitoring gas levels in cylinders, and developed a Demand-Flow Regulator and an Emergency Disaster Generator prototype. Aygaz AS has one R&D center. The company has 15 projects in R&D status and has formed major technology alliances through university-industry collaborations, such as partnerships with Koç University and Inönü University for projects related to DME production and bioDME from organic waste.

Business Segments

Overview

Operates Cargo transportation and distribution business across Turkiye. In FY2024, the segment incurred a capital expenditure of TRY49.8 million, which declined 70.1% YoY.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Overview

Includes the sale of LPG, LNG and Natural Gas. In FY2024, the segment incurred a capital expenditure of TRY3,063.2 million, which grew 223.3% YoY.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Overview

Includes income generated from the sale of petroleum products and electricity.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Subscribe for access to business segment analysis Subscribe for access to business segment analysis Learn more



Still looking?

Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.

Explorer

Access more premium companies when you subscribe to Explorer