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$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

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.

Indian ought to tap opportunities related to cotton woven and knitted fabric in technical textiles

Related Keywords: 11 percent growth, cotton woven, develop cotton-based, filaments, Indian economy, Indutech, innovative branch, knitted fabric, man-made fibre, technical textile products, Technical textile sector

Technical Textile sector is one of the most innovative branch of the industry in the world, ranking as one the five high tech sectors with the greatest potential for development. In India also technical textiles is one of the fastest growing segment of the Indian economy registering compounded annual rate of growth of 11% during 11th five year plan and the working group.

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