$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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