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2025
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SASA Issues Convertible Bonds Wednesday,
23
June
2021

Wednesday,
23
June
2021

SASA completed the issuance of convertible bonds with a 5-year maturity, valued at of 200 million Euros.

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SASA Started To Work For New Fiber Facility Sunday,
30
May
2021

Sunday,
30
May
2021

Announcing that they have started the works to establish a new fiber facility with an annual capacity of 367,500 tons, SASA Polyester Board Member Mehmet Şeker said that the new investment will be commissioned at the same time with the 935 million dollar PTA facility they have agreed with American Invista.

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Sasa Polyester'den 330 Milyon Dolarlık Yeni Yatırım Kararı Monday,
22
March
2021

Monday,
22
March
2021

Sasa Polyester Sanayi AŞ'nin 2023 yılında 330 milyon dolarlık yatırımla devreye alacağı elyaf üretim tesisi, şirketin cirosuna yıllık 550 milyon dolar katkı sağlayacak.

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SASA To Start The Construction Of The PTA Facility With A Cost Of 935 Million Dollars Thursday,
11
February
2021

Thursday,
11
February
2021

SASA starts construction of PTA plant with a cost of 935 million dollars, which is expected to reduce Turkey's foreign trade deficit by 400 million dollars in a year. An official agreement was reached in the ongoing negotiations with the Spaniards for the process to be completed in two years.

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SASA Will Provide Additional Employment To 1,350 People With An Investment Of TL 11.3 Billion Friday,
11
December
2020

Friday,
11
December
2020

Operating in Adana, SASA Polyester Sanayi A.Ş., in addition to contributing to employment with project-based state incentives, that it will receive for investment for pure terephthalic acid (PTA) and polymer/chips production plant with 11.3 billion TL fixed investment, it aims to prevent imports by meeting the PTA demand of the domestic market.

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SASA's Investment Of 11.3 Billion Liras Was Included In The Scope Of Incentive Wednesday,
25
November
2020

Wednesday,
25
November
2020

A project-based government support will be granted to Sasa Polyester AŞ's PTA and polymer / chips production plant expansion investment.

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Goodwill Letter' Signature For 935 Million Dollar Investment By SASA Monday,
23
November
2020

Monday,
23
November
2020

Sasa announced that it signed a goodwill agreement with Spanish Tecnicas Reunidas for the turnkey installation of the Sasa Polyester PTA production plant. Sasa Polyester signed a goodwill agreement regarding the investment, which was announced earlier.

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Merinos Hali Will Invest $ 100 Million In The Next Year Friday,
16
October
2020

Friday,
16
October
2020

Merinos Halı, operating under Erdemoğlu Holding, plans to invest $ 100 million in 2021. Merinos Halı Board Member Mehmet Erdemoğlu said that these will be recycling facilities, yarn production facilities, new weaving machines, new finishing garments, as well as additional facilities and warehouse investments.

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The World Is Not Satisfied With The Goal Of Becoming A Giant Thursday,
15
October
2020

Thursday,
15
October
2020

Sasa, which will realize one of the most important

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As Far As My Country Is Concerned, The Rest Is Diffusiveness Sunday,
20
September
2020

Sunday,
20
September
2020

İbrahim Erdemoğlu, who took Sasa, which was acquired from Sabancı holding, to the league of giants with investments, increased the production capacity of the company four times in five years.

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SASA Polyester’s Goal Of Preventing Imports. Monday,
31
August
2020

Monday,
31
August
2020

SASA Polyester Sanayi A.Ş. operating in Adana, aims to ensure Turkey's money spent to import this product remain in the country’s treasure, with its plant to be established within licensing and technical services agreement signed with global giant American Invista (Koch Industries) valued at 935 million-dollar for Purified Terephthalic Acid (PTA) investment.

SASA Polyester’s goal of preventing imports.

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SASA Will Contribute To Employment With A 935 Million Dollar Agreement Wednesday,
26
August
2020

Wednesday,
26
August
2020

First signatures were appended for the establishment of the world's largest capacity and highest efficiency Purified Terephthalic Acid (PTA) plant in Adana.

SASA signed a 935-million-dollar license and technical service agreement with the world giant American Invista (Koch Industries) for its PTA investment. The facility, which will have a capacity of 1.5 million tons, will be commissioned at the end of 2022.

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Anatolia’s 50 Most Effective Businesspeople Monday,
27
July
2020

Monday,
27
July
2020

İbrahim Erdemoğlu, Chairman of the Board of Directors of Gaziantep's Erdemoğlu Holding, becomes Anatolia's most effective third figure.Growth lunge to continue Erdemoğlu Holding that accessed the polyester sector six years ago by acquiring 51-percent of the shares of the Sabancı Holding's Sasa and that presently has 1,1 billion-dollar size continues to undersign new resolutions as led by İbrahim Erdemoğlu.

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Erdemoğlu Holding Successes To Enter ISO 500 Rank With 4 Companies - Sabah Newspaper Monday,
13
July
2020

Monday,
13
July
2020

Erdemoğlu Holding succeeded in entering the ISO 500 ranking with 4 companies Sasa Polyester, Merinos Halı, Dinarsu and Özerdem companies, which are within the body of Erdemoğlu Holding, were among the top 500 companies announced by the Istanbul Chamber of Industry every year.

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SASA Counts The Days For Its Colossal Investment - The Dünya News Monday,
13
July
2020

Monday,
13
July
2020

Sasa that produces polyester, fiber, filament, and polyester-based polymers in Adana as a subsidiary of the Erdemoğlu Holding is awaiting consent for a land allocation from the Ministry of Industry and Technology, following the completion of the EIA (Environmental Impact Assessment) process for the construction of the 11,8 billion-dollar plant that will provide raw material.

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İbrahim Erdemoğlu Ranks 14 Among Generous Business People - The Sabah News- Wednesday,
8
July
2020

Wednesday,
8
July
2020

İbrahim Erdemoğlu ranks 14 among generous businesspeople İbrahim Erdemoğlu, Chairman of the Board of Directors of the Erdemoğlu Holding that also possesses Merinos Carpets, the world's largest carpet manufacturer, took the 14th place on Turkey's Generous Businesspeople list drawn up by Capital magazine.

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Merinos Becomes The First Firm Receiving A TSE Covid-19 Safe Production Certificate -Sabah Saturday,
20
June
2020

Saturday,
20
June
2020

Merinos becomes the first firm receiving a TSE Covid-19 Safe Production Certificate A Covid-19 Safe Production Certificate has been granted to Merinos by the Turkish Standards Institute (TSE). The Turkish Standards Institute has conferred the Safe Production Certificate to Merinos that has taken all kinds of precautions within the scope of fight against Covid 19 from the very first day.

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Burst In Purchase Orders Causes Advancing Of Investments Thursday,
11
June
2020

Thursday,
11
June
2020

The Erdemoğlu Holding, which is Turkey's major industrial groups, has started to receive significant amounts of purchase orders in polyester carpet from Europe since last month. Erdemoğlu, the biggest carpet producer in the world, has advanced its investment of 100 million dollars for 6 months with the burst in purchase orders.

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SASA Polyester Races To The Global Leadership Monday,
1
June
2020

Monday,
1
June
2020

SASA POLYESTER SANAYİ A.Ş. COMMISSIONS A FIBER PRODUCTION FACILITY WITH INVESTMENT OF 330 MILLION DOLLARS IN 2023. WITH THIS INVESTMENT, 550 MILLION DOLLARS WILL BE CONTRIBUTED ANNUALLY TO THE COMPANY'S TURNOVER. İBRAHİM ERDEMOĞLU, CHAIRMAN OF THE BOARD OF DIRECTORS OF ERDEMOĞLU HOLDING, SAYS THAT THE TOTAL INVESTMENT AMOUNT WILL REACH APPROXIMATELY 2.4 BILLION DOLLARS WITH THE BUSINESS TO BE COMMISSIONED AT THE END OF 2023, AND CONTINUED: "IN POLYESTER PRODUCTION, WE REACHED 1.4 MILLION TONS OF PRODUCTION CAPACITY BY THE END OF LAST YEAR. TURKEY BECAME THE COUNTRY WITH THE HIGHEST CAPACITY OTHER THAN CHINA AND INDIA."

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Mask And Food Donation From The Erdemoğlu Holding To Adıyaman - Milliyet Monday,
27
April
2020

Monday,
27
April
2020

Ali Erdemoğlu, Member of the Board of Directors of the Erdemoğlu Holding and Chairman of the Board of Directors of Merinos Halı A.Ş., donated for thousand food boxes to Adıyaman and 40 thousand pieces of masks to the district of Besni.

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Mask And Food Donations From The Erdemoğlu Holding To Adıyaman - HaberTürk Monday,
27
April
2020

Monday,
27
April
2020

Ali Erdemoğlu, Member of the Board of Directors of the Erdemoğlu Holding and Chairman of the Board of Directors of Merinos Halı A.Ş., donated for thousand food boxes to Adıyaman and 40 thousand pieces of masks to the district of Besni.

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