Köksan Holding Invests in r-PET Resin Facility

1 January 2024

Key highlights

Köksan Holding's new facility will produce 110,000 tons of r-PET resin annually.
The facility will be operational in 2024.
50% of production is for export, impacting the current account deficit by $100 million.
POLYTEX provides design and engineering services for the facility.

Facility Investment

Köksan Holding is investing in a new facility in Gaziantep's 4th Organized Industrial Zone to produce bottle and textile type r-PET resin. The facility will have a daily capacity of 300 tons and an annual capacity of 110,000 tons, utilizing chemical depolymerization to achieve a 100% recycling rate.

Economic Impact

The new facility is expected to contribute approximately $100 million to the current account deficit. Half of the production will be exported, supporting multinational customers' sustainability and circular economy goals.

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Operational Timeline

The facility is scheduled to be operational in 2024. POLYTEX has been selected to provide design and engineering services for the critical equipment used in the facility's construction.