{"id":17101,"date":"2017-06-13T10:11:11","date_gmt":"2017-06-13T07:11:11","guid":{"rendered":"http:\/\/localhost\/textilegence\/sasa-upgraded-new-investment-to-128-billion-dollars\/"},"modified":"2020-03-03T11:41:14","modified_gmt":"2020-03-03T08:41:14","slug":"sasa-upgraded-new-investment-to-128-billion-dollars","status":"publish","type":"post","link":"https:\/\/www.textilegence.com\/en\/sasa-upgraded-new-investment-to-128-billion-dollars\/","title":{"rendered":"SASA Upgraded New Investment to 12,8 Billion Dollars"},"content":{"rendered":"<figure id=\"attachment_19510\" aria-describedby=\"caption-attachment-19510\" style=\"width: 382px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-19510 size-medium\" src=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2017\/06\/SASA-Adana-Merkez-Textilegence-382x250.jpg\" alt=\"SASA Upgraded New Investment to 12,8 Billion Dollars\" width=\"382\" height=\"250\" srcset=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2017\/06\/SASA-Adana-Merkez-Textilegence-382x250.jpg 382w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2017\/06\/SASA-Adana-Merkez-Textilegence-534x350.jpg 534w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2017\/06\/SASA-Adana-Merkez-Textilegence-696x456.jpg 696w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2017\/06\/SASA-Adana-Merkez-Textilegence-741x486.jpg 741w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2017\/06\/SASA-Adana-Merkez-Textilegence-641x420.jpg 641w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2017\/06\/SASA-Adana-Merkez-Textilegence.jpg 742w\" sizes=\"auto, (max-width: 382px) 100vw, 382px\" \/><figcaption id=\"caption-attachment-19510\" class=\"wp-caption-text\">SASA Upgraded New Investment to 12,8 Billion Dollars<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><strong>SASA Polyester raised the cost of its investment for new polymer facility from 7.2 billion to 12,8 billion liras.<\/strong><\/p>\n<p style=\"text-align: justify;\">Erdemo\u011flu Holding <a href=\"http:\/\/www.sasa.com.tr\/Detay.aspx?KategoriId=2\" target=\"_blank\" rel=\"noopener noreferrer\">shipowner<\/a> SASA Polyester San. A.\u015e. continues its growth process with investments.One of the leading manufacturers of fiber, filament and polyster based polymers and by-products. The firm widened its range of investment to benefit from increasing government support more. These are stated from the firm on Public Disclosure Platform(PDP);<\/p>\n<h1 style=\"text-align: justify;\">SASA sets up MEG and Polymer Manufacturing Facility<\/h1>\n<p style=\"text-align: justify;\">\u201cWithin the scope of providing Project Based Government Support to Investments put into regulation with the judge of Council of Ministers; Shared with the public earlier, 7.175.000.000 Turkish Liras (2.050.000.000 USD) provided for building of our firm\u2019s main materials a PTA, MEG and Polymer manufacturing facility and found suitable by the Economy Ministry; has been raised to 12.803.000.000 Turkish Liras (3.658.000.000 USD). And\u00a0 the investment process increased to 8 years from 6 years after the interviews made with Economy Ministry.\u201d<\/p>\n<h2 style=\"text-align: justify;\">Rise is 5.6 Billion Liras<\/h2>\n<p style=\"text-align: justify;\">Raising its 7.2 billion liras <a href=\"https:\/\/www.textilegence.com\/en\/sasa-was-sold-to-erdemoglu\/\" target=\"_blank\" rel=\"noopener noreferrer\">investment <\/a>to 12.8 billion liras; SASA also recorded on the statement it made to PDP that some interviews; with Ministry of Economy and Energy and Natural Sources Ministry continue in terms of the buying; allotment or renting of 2.9 million squaremeters area based in Hatay D\u00f6rtyol and belongs to Turkish Petrol Anonymous Collaboration(TPAO); has been going on.<\/p>\n<p style=\"text-align: justify;\">Erdemo\u011flu Holding took over the Sabanc\u0131 Holding shares in SASA in 2015 thusly; 49% of the company offered to the public whereas 51% of it belonged to Erdemo\u011flu Holding.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SASA Polyester raised the cost of its investment for new polymer facility from 7.2 billion to 12,8 billion liras. Erdemo\u011flu Holding shipowner SASA Polyester San. A.\u015e. continues its growth process with investments.One of the leading manufacturers of fiber, filament and polyster based polymers and by-products. The firm widened its range of investment to benefit from [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":19510,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9859],"tags":[12445,10137,11728],"class_list":{"0":"post-17101","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-topical","8":"tag-erdemoglu-holding-en","9":"tag-investment","10":"tag-sasa-en"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SASA Upgraded New Investment to 12,8 Billion Dollars - Textilegence<\/title>\n<meta name=\"description\" content=\"SASA Polyester raised the cost of its investment for new polymer facility from 7.2 billion to 12,8 billion liras. 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Erdemo\u011flu Holding shipowner SASA\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.textilegence.com\/en\/sasa-upgraded-new-investment-to-128-billion-dollars\/\" \/>\n<meta property=\"og:site_name\" content=\"Textilegence Magazine and Digital Platform\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TextilegenceMagazine\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/TextilegenceMagazine\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-13T07:11:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-03-03T08:41:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2017\/06\/SASA-Adana-Merkez-Textilegence.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"742\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Engin Buz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/textilegence\" \/>\n<meta name=\"twitter:site\" content=\"@textilegence\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Engin Buz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/sasa-upgraded-new-investment-to-128-billion-dollars\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/sasa-upgraded-new-investment-to-128-billion-dollars\\\/\"},\"author\":{\"name\":\"Engin Buz\",\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/#\\\/schema\\\/person\\\/46ccc7bfc34edbc7d46b6b189f88849f\"},\"headline\":\"SASA Upgraded New Investment to 12,8 Billion Dollars\",\"datePublished\":\"2017-06-13T07:11:11+00:00\",\"dateModified\":\"2020-03-03T08:41:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/sasa-upgraded-new-investment-to-128-billion-dollars\\\/\"},\"wordCount\":267,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/sasa-upgraded-new-investment-to-128-billion-dollars\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.textilegence.com\\\/wp-content\\\/uploads\\\/2017\\\/06\\\/SASA-Adana-Merkez-Textilegence.jpg\",\"keywords\":[\"erdemo\u011flu holding\",\"investment\",\"sasa\"],\"articleSection\":[\"Topical\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.textilegence.com\\\/en\\\/sasa-upgraded-new-investment-to-128-billion-dollars\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/sasa-upgraded-new-investment-to-128-billion-dollars\\\/\",\"url\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/sasa-upgraded-new-investment-to-128-billion-dollars\\\/\",\"name\":\"SASA Upgraded New Investment to 12,8 Billion Dollars - Textilegence\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/sasa-upgraded-new-investment-to-128-billion-dollars\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/sasa-upgraded-new-investment-to-128-billion-dollars\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.textilegence.com\\\/wp-content\\\/uploads\\\/2017\\\/06\\\/SASA-Adana-Merkez-Textilegence.jpg\",\"datePublished\":\"2017-06-13T07:11:11+00:00\",\"dateModified\":\"2020-03-03T08:41:14+00:00\",\"description\":\"SASA Polyester raised the cost of its investment for new polymer facility from 7.2 billion to 12,8 billion liras. 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