Success story Latro Kimya Founder Haluk Can Hur
EO Turkey’s latest member
Haluk Can Hür shared his success story with EO Newsletter. A chemical engineer
and the general manager of Latro Kimya, Hür is a successful leader who managed
to gain a place with his business in a huge industry with giant players. Here
is his entrepreneurship story:
“While I was working as a
professional executive in a firm in the beginning of 2000s, I always wanted to
have my own business. In 2009, I made my mind up and decided to talk to my
boss. He liked my ideas and even decided to be my partner. We were to focus on
chemical raw materials, because I could see that there were countless
industries which depended on chemical raw materials but they were mostly lacking
of know-how in terms of products and application. This is how Latro Kimya was
born in 2010.
In the upcoming years, my
partner exited the firm and I carried own the business alone. The main focus we
determined in the founding phase was a success but it had its own challenges. It
was difficult to get to know the raw material segment of the chemical industry,
and try to establish and develop relationships with all potential customers and
suppliers from scratch. Financial management was also challenging. But Central
Bank’s going to monetary expansion at the time for trying to get out of the
global crisis became our luck.
There are many local and international
companies in Turkey that are very big and have been in the market for many
years. As Latro, we had to find a way to do business differently, to be able to
gain a place among these giant corporations. Unlike them, we focused on
customer support. Today we are not only their chemical supplier, but chemical
product consultants and solution partners. This model has been responded very
positively in the market.
As we gained confidence along the way, we decided to establish our own
chemistry lab, a laboratory specialized in research and product
development. This was a milestone for
us, which made our technical support even stronger and made us stand out among
the competitors. Now our goal is to expand our business to other countries and
become a multinational firm.
I feel very lucky for being able to work in my own field as a chemical
engineer. Latro Kimya’s motto is, “You are at the right place to enjoy
chemistry”. I think this is not just a sentence; we really work and serve with
joy. Today our team has 16 people and most of them are not only my colleagues
but also my friends. Working in such an environment and seeing it grow makes me
happy.”