Sasa Polyester to Build $330 Million Fiber Production Plant

Sasa Polyester Sanayi A.Ş. to open fibre production plant in 2023 with USD 330 million investment. The facility will contribute approximately USD 550 million annually to company revenue. Sasa Polyester Sanayi A.Ş. announced plans to establish a new fibre production plant on the Public Disclosure Platform. The company stated: "Our company has made an investment decision for a fibre production plant with an estimated investment amount of USD 330 million and annual capacity of 367,500 tonnes. The plant is scheduled to commence operations in the fourth quarter of 2023. The investment will contribute approximately USD 550 million annually to revenue at current rates." Source: www.aa.com.tr