IC Holding

IC Holding

Industry	Conglomerate
Website	icholding.com.tr

Not to be confused with İÇDAŞ.

IC Holding logo

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]

References

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