Gediz Packaging

Gediz Ambalaj Sanayi ve Ticaret A.S. is an industrial manufacturer of plastic semi-finished goods and packaging products. With its headquarters and production facility in the Gediz district of Kutahya, the company says it has been operating since 1982, and its shares trade on Borsa Istanbul under the ticker GEDZA.

The company specialises in polypropylene (PP) corrugated sheets. Its closed-structure PP corrugated sheets stand out as layer pads that glass bottle and jar manufacturers use between pallet layers. From the same material it also makes insulation parts for white goods such as refrigerator back walls, automotive and electronics packaging protected against electrostatic discharge, spare-part boxes, foldable plastic pallets and protective covers used when transporting steel coils. Because the material is lightweight, hygienic, reusable and recyclable, it is positioned as an alternative to cardboard and wood.

For PP corrugated sheet producers, polypropylene granule prices, production levels in the glass packaging and white goods sectors, export demand, energy costs and exchange-rate movements determine margins. The use of recycled raw materials and circular packaging regulations may also affect competition. The GEDZA page on Lzzo.com offers a technical summary with RSI and moving averages.