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THE WORLD IS NOT SATISFIED WITH THE GOAL OF BECOMING A GIANT

Erdemoğlu Holding
15 Oct 2020
Sasa, which will realize one of the most important

petrochemical investments in Adana, is waiting for the allocation of a place to be made by the state to hit the first dig. Mehmet Şeker, Member of the Board of Directors and General Manager of Sasa, says, 'The EIA process regarding our investments of 11.8 billion dollars, which includes the main raw materials and port construction of our company on an area of ​​6 thousand 800 decares in Adana Yumurtalık, has been completed'.

 

Milliyet Newspaper
15 October 2020

THE WORLD IS NOT SATISFIED WITH THE GOAL OF BECOMING A GIANT
Sasa, which will realize one of the most important petrochemical investments in Adana, is waiting for the allocation of a place to be made by the state to hit the first dig. Mehmet Şeker, Member of the Board of Directors and General Manager of Sasa, says, 'The EIA process regarding our investments of 11.8 billion dollars, which includes the main raw materials and port construction of our company on an area of ​​6 thousand 800 decares in Adana Yumurtalık, has been completed'.
When Sasa's investment is realized, it is planned to prevent the import of raw materials of 5 billion dollars per year, as well as to make an additional export of 15 billion dollars by transforming this raw material into finished products. Of course, while the preparations for this big investment are continuing, the company realizes its different investments one by one.
It has 4 thousand employees
68 of Turkey's, is the largest company in Adana, Sasaki's world that emphasizes Mehmet Seker rapidly becoming the petrochemical giant is giving the following information:
“Sasa, which produces in its facilities over 1,250 decares in Adana, has approximately 4 thousand employees. Sasa shares, 84.8 percent owned by Erdemoğlu Holding and its affiliates, are traded on Borsa Istanbul. With the investment moves that started after Sasa was acquired by Erdemoğlu Holding in 2015, Sasa increased its annual production capacity four times. The new fiber facility, poy and textured yarn production facility and finally the pet facility (bottle chips-textile chips) were commissioned. Sasa has made an investment of approximately 1 billion dollars in the last 5 years.
He grew up in the pandemic
Having an infrastructure compatible with Industry 4.0 and performing digitalization in production processes before the pandemic, the company has grown in 2020 due to the advantage of these and the increasing demand for its products due to the pandemic. Mehmet Şeker said, 'We did not benefit from the short work allowance and we paid the full wages of our employees during this period. We closed 2019 with 2.7 billion lira turnover and 1.1 billion lira profit. We predict that our turnover and profitability figures at the end of 2020 will be much better. ' Mehmet Şeker says the following:
'Sasa's products are used in many different sectors from home textiles to hygiene, from medical products to packaging. We are an important producer that supplies polyester to these sectors. The share of health, hygiene and packaging manufacturers in Sasa's portfolio is approximately 60 percent. With the increasing demand due to the pandemic effect, we received additional orders from both the domestic market and our foreign customers with an increase of approximately 20 percent. We organized our current capacity in a way that can quickly respond to these demands. '

 

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