Business

Turkish polyester giant Sasa announces new investment

Fiber production plant with 367,500 tons of annual capacity expected to generate $550 million turnover, says Sasa

Turkish polyester producer Sasa on Monday announced a new investment with an estimated value of $330 million.

The new fiber production facility with a capacity of 367,500 tons a year is expected to generate a turnover of around $550 million, according to a statement issued by Turkey’s Public Disclosure Platform (KAP).

“The investment is planned to be commissioned in the fourth quarter of 2023,” the company said.

Source
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