Mercan Specialty Chemicals

Mercan Kimya Sanayi ve Ticaret A.S. is a specialty chemicals company producing in Denizli. Its shares trade on Borsa Istanbul under the ticker MERCN.

The company's origins go back to a sole proprietorship founded in 1977 that started out producing paraffin; the business was converted into a joint-stock company in 2004. Its main activity is the production of paraffin, paraffin emulsion, petroleum jelly and liquid paraffin. Its product list also includes stearic acid, microcrystalline and polyethylene wax, weaving paraffin, physiotherapy and pathology paraffins, casting wax, grafting wax and disinfectants. These products are used in sectors such as cosmetics, pharmaceuticals, textiles, food processing, rubber and plastics. The group includes Dermokim Kimya and Cosmer Kimya, as well as Rowax Global, which operates in Romania; the company also runs an R&D center.

Because paraffin and its derivatives are obtained from petroleum refining, raw material prices and supply conditions are decisive for such companies; export demand and exchange rates are also followed. For MERCN, the Lzzo.com page brings together the latest price, key daily statistics, a price chart with selectable time ranges and a technical indicator section.