IC Holding explained

IC Holding
Industry:Conglomerate
Homepage:icholding.com.tr

IC Holding, is a private conglomerate in Turkey[1] including construction (IC İçtaş İnşaat),[2] electricity generation (IC İçtaş Energy)[3] and tourism (IC Hotels).[4] It was founded by the current Chairman İbrahim Çeçen.[5] İbrahim Çeçen's son, Fırat Çeçen[6] is the Vice Chairman,[7] who is also the Chairman of IC Ibrahim Cecen Investment Holding.[8]

With Limak Holding it has a subsidiary IC İçtaş Energy which owns two coal-fired power stations in Turkey, Kemeköy power station and Yeniköy power station,[9] [10] and locals have protested that that company has cut down trees in Akbelen Forest to expand the open pit coal mine which feeds the power stations.[11] In 2022 criticism of their air pollution continued.[12]

Climate TRACE estimates IC İçtaş Energy’s coal-fired power stations emitted over 5 million tons of the country's total 730 million tons of greenhouse gas in 2022,[13] [14] and it has been put on the Urgewald Global Coal Exit List.[15]

Notes and References

  1. Web site: Merkezi yapıya geçtik - Capital. 10 September 2021. Capital Online. tr.
  2. Web site: Turkey's IC Ictas Insaat wins 84 mln euro deal to build part of Bucharest ring motorway. 10 September 2021. seenews.com. en.
  3. Web site: Turkey is going nuclear by 2023: Will it succeed? - Latest News. 10 September 2021. Hürriyet Daily News. en.
  4. Web site: TRT'de tasarruf yok; toplantı için lüks otel seçildi, personele her gün için 100 lira ödendi. 10 September 2021. T24. Turkish.
  5. Web site: İbrahim Çeçen kimdir ? . 2 June 2022 . www.timeturk.com . tr.
  6. Web site: Fırat Çeçen kimdir? Fırat Çeçen kaç yaşında? . 2 June 2022 . www.timeturk.com . tr.
  7. Web site: Fırat Çeçen . 2 June 2022 . www.icholding.com.tr.
  8. Web site: Firat Cecen . 2 June 2022 . Roscongress Building Trust . en.
  9. Web site: KEMERKÖY TEPP. 10 September 2021. www.icholding.com.tr.
  10. Web site: 7 June 2021. IC İçtaş Enerji. 10 September 2021. Global Energy Monitor. en.
  11. Web site: 1 April 2022 . Mining company uproots olive trees in Muğla as locals protest, attacked by security guards . Bianet.
  12. Web site: Termik santralden çıkan dumanlar pes dedirtti! . 27 July 2022 . www.cumhuriyet.com.tr . tr.
  13. Web site: Explore Map - Climate TRACE . 2024-03-19 . climatetrace.org . en.
  14. Web site: Explore Map - Climate TRACE . 2024-03-19 . climatetrace.org . en.
  15. Web site: 2023 . Explore the Data . coalexit.org.

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