$8.5 billion investment to change the balance in the global polyester business by SASA

Related Keywords: ADVANSA SASA Polyester Sanayi A.Ş, fibres and filaments, filaments, global polyester business, intermediates, petrochemicals, polyester, polyester fibres, polyester investment, polyester-based polymers, production of polyester chips, PTA (Pure Teraphthalic Acid) and MEG (Ethylene Glycol), raw material of polyester, SASA Polyester Inc, specialty products

Turkey
Summary: 
In 2000, SASA strengthened its leading position in the sector by establishing a joint venture with DuPont. Following the acquisition of DuPont’s shares by Sabancı Holding in 2004, it became a wholly-owned subsidiary of Hacı Omer Sabancı Holding A.Ş. and was renamed ADVANSA. In 2005, the name of the group in Turkey was changed to ADVANSA SASA Polyester Sanayi A.Ş.

In 2000, SASA strengthened its leading position in the sector by establishing a joint venture with DuPont. Following the acquisition of DuPont’s shares by Sabancı Holding in 2004, it became a wholly-owned subsidiary of Hacı Omer Sabancı Holding A.Ş. and was renamed ADVANSA. In 2005, the name of the group in Turkey was changed to ADVANSA SASA Polyester Sanayi A.Ş.

https://www.innovationintextiles.com/sasa-invests-85-billion-to-become-global-polyester-giant/
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Yarn production at Dinh Vu polyester plant to triple by year end

Related Keywords: Dinh Vu Polyester plant, domestic demand, filament fibres, German technology, imports of foreign made fibre, Petrovietnam Group, polyester chips, polyester fibres, triple yarn output, Vinatex

UK
Yarn production at Dinh Vu polyester plant  to triple by year end
Summary: 
Dinh Vu Polyester Plant that is owned 81 percent by the state oil and gas company Petrovietnam Group and balance 19 percent of the plant by Vietnam’s top garment maker Vinatex, to triple yarn output to 75,000 tonnes by year-end to better meet domestic demand.

Dinh Vu Polyester Plant that is owned 81 percent by the state oil and gas company Petrovietnam Group and balance 19 percent of the plant by Vietnam’s top garment maker Vinatex, to triple yarn output to 75,000 tonnes by year-end to better meet domestic demand.

With capacity to produce 175,000 tonnes of fibre per year, the plant is able to supply around 40 percent of raw material needed for the Vietnamese textile industry, saving approximately $ 400 million per year on imports of foreign made fibre, as well as providing jobs to nearly 700 people.

http://www.dailymail.co.uk/wires/reuters/article-2832432/VIETNAM-PRESS-Petrovietnam-increase-production-yarn-plant--Vietnam-Economic-Times.html
Company News
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Trevira launches far-reaching initiative to promote home textile market in German speaking areas

Related Keywords: boost sales, European manufactur, filament yarn, furnishing textiles, German speaking areas, home textile market, Initiative Textile Räume, launch, polyester fibres, textile polyester products, Trevira

Germany
Trevira launches far-reaching initiative
Summary: 
Trevira, a European manufacturer of high-value branded polyester fibres and filament yarns is the only supplier in the world that offers the complete range of textile polyester products from the one source. Together with partners from the sector has launched a far-reaching initiative to promote the home textile market in German speaking areas this summer.

Trevira, a European manufacturer of high-value branded polyester fibres and filament yarns is the only supplier in the world that offers the complete range of textile polyester products from the one source. Together with partners from the sector has launched a far-reaching initiative to promote the home textile market in German speaking areas this summer.

With the foundation of the Initiative Textile Räume, companies in the fabric and home textiles sector aim to set a clear marker.

http://www.innovationintextiles.com/trevira-to-promote-home-textile-market-in-german-speaking-areas/
Company News
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