Defence Turkey reported that the strategic move of OYAK through the acquisition of Miilux OY has made it one of the world's leading ballistic steel producers in Turkey and has started to produce country's first domestic ballistic steel. With this move, we, as OYAK, have acquired all the ballistic steel technology of Miilux OY and have become the only institution in Turkey with end-to-end ballistic steel production competence.Ballistic steel producer Miilux OY produces ballistic steel and wear-resistant steel with an annual capacity of 38,000 tonnes. With its ballistic steel and wear-resistant steel production made using the high-quality flat steel made by OYAK`s Mining Metallurgy Companies Erdemir and İsdemir, Miilux OY continues its activities with the objective of eliminating Turkey`s dependence on foreign resources in ballistic steel. In addition to supplying products to the leading companies in the defence industry, the company also aims to boost its position in the export markets. Miilux OY General Manager Mr Yavuz YELDAN told Defence that “On the current annual production capacity and production technology infrastructure of Miilux OY production plants, as well as on the Miilux Protection 280T, 440T, 500T, and 600T ballistic steel plates developed for the defense industry.”OYAK purchased 70% of the outstanding shares of Miilux, a Finland-based ballistic steel manufacturer in 2019, in order to strengthen domestic production and founded Miilux OY, Miilux Yüksek Mukavemetli Çelik Üretim, establishing the only flat steel heat treatment plant.
Defence Turkey reported that the strategic move of OYAK through the acquisition of Miilux OY has made it one of the world's leading ballistic steel producers in Turkey and has started to produce country's first domestic ballistic steel. With this move, we, as OYAK, have acquired all the ballistic steel technology of Miilux OY and have become the only institution in Turkey with end-to-end ballistic steel production competence.Ballistic steel producer Miilux OY produces ballistic steel and wear-resistant steel with an annual capacity of 38,000 tonnes. With its ballistic steel and wear-resistant steel production made using the high-quality flat steel made by OYAK`s Mining Metallurgy Companies Erdemir and İsdemir, Miilux OY continues its activities with the objective of eliminating Turkey`s dependence on foreign resources in ballistic steel. In addition to supplying products to the leading companies in the defence industry, the company also aims to boost its position in the export markets. Miilux OY General Manager Mr Yavuz YELDAN told Defence that “On the current annual production capacity and production technology infrastructure of Miilux OY production plants, as well as on the Miilux Protection 280T, 440T, 500T, and 600T ballistic steel plates developed for the defense industry.”OYAK purchased 70% of the outstanding shares of Miilux, a Finland-based ballistic steel manufacturer in 2019, in order to strengthen domestic production and founded Miilux OY, Miilux Yüksek Mukavemetli Çelik Üretim, establishing the only flat steel heat treatment plant.
