According to filing details of Material Event Disclosure on The Borsa İstanbul dated January 18, 2023, SASA Polyester Sanayi A.Ş. announced that license, technical service and warranty agreements have been signed between their company and Honeywell UOP regarding the establishment of a Propylene (PDH Plant) Production Plant in the Yumurtalık investment area allocated to their company.
The aforementioned production plant with a capacity of 1,000,000 tons/year is planned to be completed in the first half of 2026. In today's conditions, the contribution of this planned investment to the turnover is expected to be 1.2 Billion USD and its investment value is expected to be 1.5 Billion USD.
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Published on January 24, 2023 4:24 PM (GMT+8)Last Updated on January 24, 2023 4:24 PM (GMT+8)
