日本とアジアの石油化学の現状その他を、各社のホームページや新聞雑誌情報を基にまとめ
た個人のデータベースです。


 他のページへ トップページ  アジアの石油化学                       連絡先 [email protected]         

             

トルコ   石化の歴史      中近東の石油化学一覧                 Back

PETKIM PETROKIMYA HOLDING A.S.     privatization

    Turkey Approves Sale of Petkim

       Privatization body cancels tender for petrochemical plant

  Petkim: Ineos and Basell consortium among bidders

  Kazakh consortium wins auction for 51 pct of Turkey's Petkim

DuPont Sabanci Polyester (Europe)

Sabanci Holding to Acquire DuPont's Share of DuPont Sabanci Polyester (Europe)

La Seda to acquire Advansa's PET, PTA and Preform businesse

Spain La Seda PET, PTA businesses to be re-launched as 'Artenius'

Turkey's Sabanci acquired a 99.5% stake in Chinese nylon company IQNE Qingdao Nylon from Invista

Baser Kimya

SABIC Forms Polystyrene Joint Venture with Baser Petrokimya of Turkey

Turkey's Tupras privatization bid attracts 20 potential suitors

Cracker growth/ by Petkim

Turkey's Sanko announces plans for petrochemical plant at Ceyhan

Turkish court rejects attempt by trade union to halt Petkim sale

Petkim: Authority's turnaround takes lower bid forward

Turkey' Petkim to build petrochemical plant in Iran


歴史 (Petkim's annual report)

The petrochemical industry has started to develop in the second half of the 20th century and become one of the essentials in economy in a short time due to usage, durability, price advantages and versatility of its products, which can substitute various natural raw materials.
The idea of establishing a petrochemical industry in Turkey was adopted in 1962, which was the beginning of the First Five Year Development Plan period.
Petkim Petrokimya A.S. was established on April 3, 1965 under the leadership of TPAO, following the studies and evaluations performed.
The new company initially decided to establish
Yarimca Petrochemical Complex and started up the Ethylene, Chlorine Alkali, VCM, PVC and LDPE plants in 1970. The establishment stage of the Yarimca Petrochemical Complex was completed after the commissioning of CB, Styrene, PS, BDX, SBR, CBR, DDB and Caprolactam plants between the years 1972 - 1976.
Due to the rapidly growing domestic demand, Yarmca Complex had started to become insufficient to meet the increasing demand although the production capacities of most of the plants were expanded by 100%. The establishment of second complex of Petkim
at Aliaga was agreed during the Third Five Year Development Plan period.
In Aliaga Complex, the plants which do not exist at Yarimca such as Aromatics, HDPE, PP, PA, PTA, ACN and EO/EG and the plants which exist at Yarimca but being insufficient in capacities such as Ethylene, LDPE, Chlorine Alkali, VCM and PVC, were established with highly advanced technologies and optimum capacities of those days and start-ups of the plants were realized progressively starting from the year 1985. The capacities of the plants in Alia.a complex were increased with the first phase expansion and modernization investments that realized between 1989 and 1993.
Most of the plants in Yarimca Complex were closed in the period 1993-1995 because they had completed their economic lives and had lost their competitiveness.
Petkim transferred Yarimca Complex with its 5 plants (SBR, CBR, CB, BDX, PS) in operating position
to TUPRAS on November 1, 2001.
Petkim, as the sole producer of basic petrochemicals and the biggest producer of thermoplastics and intermediates, is the leader company of Turkish petrochemical industry. Apart from Petkim, the other petrochemical companies in Turkey are
SASA (240 000 tons/year DMT), TUPRAS (33 000 tons/year SBR, 20 000 tons/year CBR, 40 000 tons/year CB, 33 000 tons/year BDX, 27 000 tons/year PS) and Bafler Petrokimya (40 000 tons/year PS).


PETKIM PETROKIMYA HOLDING A.S.     

 http://www.petkim.com.tr/

Petkim Petrokimya Holding A.S., founded 1965, is one of the biggest enterprises in Turkey and is the main producer and dealer of petrochemicals. Its products are used in the manufacture of plastics, synthetic fibres, fertilizers, synthetic rubber and automobile tyres. Petkim exports products to the EU Countries, America, the Middle East and Africa, Asia and Far East, Eastern Europe and other countries.

BUSINESS PROFILE

Established   06/03/1965  
Main Business Line   Basis Petrochemical Products  
Head Office   Aliaga / Izmir  
General Manager   Turgut Bozkurt  
Number of Employees   6,592 (as of 12/31/2000)  
Authorized Capital   300,000,000,000,000 TL  
Issued Capital   117,000,000,000,000 TL  
       
      Cracker growth/ by Petkim

2007

 

 

Production Capacities     Petkim Annual Report 2005

                 tons/year

THERMOPLASTICS

 700,000

PVC

150,000

LDPE

190,000

LDPE -T

120,000

HDPE

96,000

PP

144,000

FIBER RAW MATERIALS

249,000

ACN

90,000

PTA

70,000

MEG

89,000

OTHER PRODUCTS

919,000

ETHYLENE

520,000

BENZENE

123,000

PA

34,000

CHLORINE

100,000

VCM

142,000

 


MAJOR INVESTMENT PROJECTS


Platts 2003/1/23

Turkey's Petkim privatization to be completed Q2 2003

Turkish Petrochemical firm, Petkim Petrokimya, expects its privatization process to be complete within the first half of the year. On Jan 20, the government launched a tender for the block sale of a 51% controlling interest in Petkim, company sources confirmed.

Petkim is currently 93% owned by the Turkish government, and 7% by private investors.


London (Platts)--30May2003

Four companies to bid for Turkey's Petkim 51% stake Jun 6

Four companies are set to submit bids in Turkey's tender for the sale of a minimum 51% shares in the country's sole petrochemical producer, Petkim, on Jun 6, a Petkim source told Platts, Friday.
The tender was floated on Apr 2. The four bidders are
Standard Kimya AS, a Turkish chemicals company, Sanko Kimya Ltd, a Turkish chemicals and textiles group, ChemOrbis, a Turkish e-marketplace for chemicals and plastics, and Vakiflar Bank, one of Turkey's largest public banks.


Platts 2003/6/6

Standart Kimya acquires 88.86% of Petkim for $605-mil

Turkey's privatization office has announced the results of the tender for the sale of 88.86% of the shares in the state owned petrochemical producer Petrokimya Holding AS (Petkim). The highest bid of $605m was entered by a Turkish company, Standart Kimya Petrol Dogalgaz San. Tic. A.S.

Standart Kimya has no production facilities of its own, and is wholly owned by Turkey's Rumeli Holding, itself owned by Turkey's controversial Uzan family.


Jul 04, 2003 Chemical Week

Turkey Approves Sale of Petkim

The Higher Privatization Council (Ankara) has approved the sale of the Turkish government's 88.86% stake in petrochemicals manufacturer Petkim (Izmir) to Standart Kimya Petrol Dogalgaz Sanayi ve Tikaret (Istanbul).


9 July, 2000, Turkish Probe issue 390, Turkish Daily News

Raids on Two Uzan Companies Expose Mismanagement History

The Uzan family's Rumeli Holding, which is engaged in far-ranging activities from media to telecoms, the cement industry and finance to power distribution, is accused of sucking its two publicly traded affiliates dry and illicitly pumping their profits into its other subsidiaries.


August 7, 2003 Financial Times

Turkey/ Privatization body cancels tender for petrochemical plant

A statement of the board said that Standart Kimya Inc. which was awarded with the Petkim tender did not fulfil conditions of the decision of the board taken on 30 July 2003 within 30 days of time.

---

Standart Kimya of the Uzan family was initially awarded the bid for the Petkim Privatization for $605 million. This was the minimum floor value set for this privatization--one of the first privatization announcements for this year.  Due to current actions against the Uzan family, Standart Kimya was not able to make its initial down payment for Petkim during the 30 days allotted following the award announcement.




http://www.petkim.com.tr/ing/ytrbilgileri1.htm 

MAJOR INVESTMENT PROJECTS                    Recent Progress

Last Updated :April 1,2003  

INVESTMENT PROJECT

PROJECT COST

(MILLION US $)

CAPACITY INCREASE

(TONS / YEAR)

BEGINING - COMPLETION DATE

L   : LICENSOR

BE : BASIC ENGINEERING     

DE : DETAILED ENGINEERING

P    : PROCUREMENT

SC : SITE CONTRACTOR

ADDITION OF AN

OXY-CHLORINATION

LINE TO VCM PLAN

13.8

15,000 EDC

(MODERNIZATION OF THE WHOLE UNIT)

1997-2000 VINNOLIT - GERMANY (L)

KRUPP UHDE-GERMANY (BE,DE,P)     

ÇÝLTUÐ A.Þ - TÜRKÝYE (SC)

CHLORINE-ALKALI

PLANT (CONVERSION         

TO MEMBRANE CELL

TECHNOLOGY)

35.1 20,000 CHLORINE

 (FROM 80,000 TO 100,000)

22,000 CAUSTIC

(FROM 90,000 TO 112,000)

400 000 -> BRINE

 

1998-2001 CEC - JAPAN  (L,BE,DE,)

CEC + PETKÝM (P)

PAKPAÞ ÝNÞ-TÜRKÝYE  (SC)

MESSO-CHEMIE TECHNIK (BE,DE,P) ALKE-TÜRKÝYE (SC)

ADDITION OF A SECOND 20  MW

CONDENSING TYPE

TURBO GENERATOR        

TO THE POWER PLANT/ ADDITION OF COOLING TOWER

12.1 56 MW

 

(FROM 95 MW TO 151 MW)

1997-2001 ABB - SWEDEN (BE,DE,P) 

SETA ÝNÞ - TÜRKÝYE (SC) /

SPIG - ITALY (BE,DE,P)

EREN ÝNÞ- TÜRKÝYE (SC)

ADDITION OF 17th

REACTOR TO THE 4th

PRODUCTION LINE OF PVC  PLANT

0.8 10,000

(FROM 140,000 TO 150,000)

1998-2001 SOLVAY ? BELGIUM (L)

PETKÝM  (BE,DE,P)

TERBAY A.Þ.-TÜRKÝYE (SC)

2nd EXPANSION OF HDPE PLANT 18.5 30,000 (FROM 66,000 TO 96,000) 1998-2001 MITSUI CHEM- JAPAN (L,BE)

LURGI - GERMANY (DE,P)

ÇOLAKOÐLU ÝNÞ-TÜRKÝYE (SC)

ADDITION OF A NEW LIQUID-SOLID WASTE TREATMENT UNIT

AND MODERNIZATION OF THE EXISTING UNIT

20.2 INCINERATION OF

17,500 T/Y  WASTE,

 

11.5 TONS/ HOUR

STEAM  GENERATION

1999-2002 VINCI (SGEE) - FRANCE

          (BE,DE,P)

SÝSTEM YAPI-TÜRKÝYE (SC)

EXPANSION OF THE

WATER

PRE-TREATMENT UNIT

 

5.2

3,000 M3/HR

(FROM 4,500 M3/HR TO 7,500 M3/HR)

 

1999-2003 OTV - FRANCE /

HIDRO OTV - TÜRKÝYE      (BE,DE,P)

AKFEN-TÜRKÝYE (SC) 

VCM PLANT REHABILITATION AND HCL PRODUCTION 19.8

10,000

 (FROM 142,000 TO 152,000)

1999-2003 VINNOLIT - GERMANY (L)

KRUPP UHDE - GERMANY                             (BE, DE, P)

PASÝNER-TÜRKÝYE(SC)

EXPANSION OF

ETHYLENE PLANT

82.0

120,000

  (FROM 400,000 TO 520,000)

1999-2004 S&W ? U.KINGDOM (L, BE)

IFP (FRANCE (L,BE)(C3-C4 H.)

MITSUI ENG.-JAPAN+GAMA-TR

(LUMP SUM TURNKEY)

ADDITION OF

3rd  PRODUCTION

LINE TO LDPE PLANT

65.0

120,000

 (FROM 190,000 TO 310,000)

1999-2004 DSM - STAMICARBON - HOLLAND (L, BE)

TECHNIP - FRANCE (DE, P)

TOKAR-TÜRKÝYE (SC)

2nd EXPANSION OF PP PLANT 25.6

64,000

(FROM 80,000 TO 144,000)

1999-2004 MITSUI CHEM-JAPAN (L,BE)

MITSUI ENG.(MES)- JAPAN (DE,P)

DEBOTTLENECKING OF  STEAM GENERATION UNIT 48.1 CAPACITY INCREASE OF THE EXISTING BOILERS AND MODIFICATION FOR UTILIZATION OF NAT. GAS IN ADDITION TO FUELOIL 2001-2005  
REHABILITATION OF

COOLING WATER

SYSTEM

12.3 CAPACITY INCREASE OF THE EXISTING COOLING WATER SYSTEM 2001-2004  

SALINE WATER SPEC. 

 -ITALY(DE,P)

REHABILITATION OF

DEMINERALIZED

WATER SYSTEM

5.1 CAPACITY INCREASE

OF THE EXISTING

DEMINERALIZED WATER SYSTEM

2001-2004 OTV-FRANCE (BE,DE,P)
TOTAL 363.6      

RECENT PROGRESSES OF MAJOR INVESTMENT PROJECTS   As of : May 20, 2004

Expansion of Ethylene Plant : The basic engineering of the project which will increase ethylene production capacity from 400.000 tons/year to 520.000 tons/year, has been performed by Stone & Webster (UK) which was the original engineering designer of the plant. For engineering, procurement and construction phases, bidding was started on a lumpsum turn-key basis. bids The tendering was finalized leading to signing of the 82.200 thousand US Dollars contract with MES/GAMA on August 8, 2002. The consortium is continuing the detailed engineering and procurement services as well as construction work. Construction of Heavy Metal Removal System was contracted separately to ONCU INS. A.S. on December 30, 2003 with the amount of 356.623.340.000.-TL. HMR System construction work is continuing.

LDPE Plant Revamp and Debottlenecking : Upon project completion the production capacity of the plant will have been raised from 190.000 tons/years to 310.000 tons/year. On November 7, 2001 license agreement of Euro 9.000.000 was signed with STAMICARBON BV (Holland) and engineering-procurement agreement of Euro 47.000.000 was signed with TECHNIP (France). Licensing firm completed and submitted the process design package on June 23, 2001. Detailed engineering and procurement work has been completed. After tendering for the construction job TOKAR A.S. has been awarded the contract amounting to 10.313.076.645.000.-TL which was enacted on September 2, 2002. Construction work is progressing.

Second Expansion of PP Plant : The basic engineering of this project which aims to increase the production of polypropylene from 80.000 tons/year to 144.000 tons/year, has been performed by Mitsui Chemicals (Japan). Engineering, procurement and supervisory services contract with the amount of 19.700 thousand US Dollars has been awarded to Mitsui Engineering Shipbuilding Co. Ltd. (Japan) and the agreement was signed on August 8, 2002. The firm has completed the detailed engineering work. Equipment and materials are being shipped. Bidding for construction work has been started.


DuPont Sabanci Polyester (Europe)    http://www.dupontsa.com/
known more generally as DuPontSA

DuPont Sabanci Polyester (Europe), known more generally as DuPontSA, was formed in January 2000 as a result of the merger of the European polyester businesses of both Haci Omer Sabanci Holding AS of Turkey and EI DuPont de Nemours and Company (DuPont). The businesses encompass the full range of polyester production - fibres, resins, intermediates and bottles.

Sabanci is one of the two largest industrial conglomerates in Turkey. It employs over 30,000 employees and has existing joint ventures with many major blue chip multinationals.

DuPont, founded in 1802 in Wilmington, DE in the USA is the largest chemical company in the world, employing over 90,000 employees in its operations in 65 countries.

This joint venture married DuPont's prestigious manufacturing and branded product heritage with Sabanci's sound business sense to establish DuPontSA as Europe's number one player in all sectors of the Polyester market.

Since formation we have evolved and leveraged this unique position to provide service and product solutions that are tailored to the needs of the customers of a dynamic industry. We

manufacture and sell polyester intermediates, fibres and resin across the European, Middle East & Africa (EMEA) region.
research and develop products and processes, either in house or with partnerships with universities, suppliers and customers.
provide technology and product solutions, some directly and some in partnership with DuPont for the brands and processes they owe, and we have the right to in EMEA.
provide a range of services and solutions to polyester and other producers, using our practical experience to advise them on how to run their operations more safely, efficiently and effectively as well as in a more environmentally-friendly way.

Our corporate headquarters is in The Netherlands, with our main manufacturing locations based in The United Kingdom, Germany and Turkey. These are fully supported by our network of sales and support offices around Europe.


注 ICI ポリエステル事業 98年2月 米デュポン社へ売却

Sabanc? Group of companies
are organized under nine Strategic Business Units,


Financial Services
Tire, Tire Reinforcement Materials and Automotive
Food and Retailing
Cement
Chemicals and International Trade
Textiles
Energy
Other Activities
Social and Cultural Activities


2004/10/8

Sabanci Holding to Acquire DuPont's Share of Their Polyester Fibers, Resins & Intermediates Joint Venture
http://www.dupontsa.com/

Haci Omer Sabanci Holding, A.S. (Sabanci Holding) announced today that it has reached agreement with E.I. du Pont de Nemours & Company (DuPont) to acquire DuPont's 50% share of DuPont Sabanci Polyester Europe B.V., known as DuPontSA. Following the acquisition, Sabanci Holding will own 100% of DuPontSA. DuPontSA will retain exclusive licenses in Europe, the Middle East and Africa, Russia and the CIS countries to all its current technology, patents and trademarks for polyester fibers, resins and intermediates.    ADVANSA

DuPontSA, established in 1999 by DuPont and Sabanci Holding, has annual revenues of more than US$ 1 billion and is a leading integrated producer of polyester fibers, resins and intermediates in Greater Europe. At its production sites in Wilton (U.K.), Uentrop (Germany) and Adana, Kurtkoy and Inegol (Turkey), DuPontSA has manufacturing capacity of over 1.3 million tonnes per annum of PTA, DMT, Polyester Filaments, Polyester Staple, PET Resin and Preform. DuPontSA also has state-of-the-art research and development facilities in Adana (Turkey) and marketing offices in Paris (France), Barcelona (Spain) and Milan (Italy).

Sabanci Holding's agreement to acquire DuPont's interest in DuPontSA is subject to appropriate regulatory approvals.

"DuPontSA is a true leader in its target markets in the dynamic polyester industry and we are pleased with this acquisition. Based on DuPontSA's state-of-the-art technology, globally recognized brands and talented international work force of 3,500, we foresee profitable growth ahead for DuPontSA and benefit to the entire industry through the delivery of superior products and services" said Dr. Celal Metin, CEO of Sabanci Holding.

"We believe that Sabanci is positioned to achieve excellent business results from DuPontSA going forward and, as DuPont moves on from polyester, we will continue to look for business opportunities to partner with Sabanci where complementary capabilities exist" said Richard R. Goodmanson, DuPont Executive Vice President and Chief Operating Officer.

Sabanci Holding is one of Turkey's largest industrial groups. Employing over 35,000 people in 66 companies, it has interests in chemicals and fibers, as well as banking and insurance, food, retail, textiles, energy, cement, automotive, tires and tire reinforcement materials, telecommunications, paper and packaging materials. The companies operate in about a dozen foreign countries and export products world-wide. Sabanci Holding, which has controlling interests in 12 companies listed on the Istanbul Stock Exchange, has an aggressive strategy of growth through acquisitions and expansion of existing businesses.

DuPont is a science company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.

The formation of ADVANSA brought together prestigious DuPont manufacturing and branded product heritage with Sabanci's sound business sense to establish ADVANSA as Europe's number one player in all sectors of the Polyester market.

ADVANSA is
a wholly owned company of Haci Omer Sabanci AS of Turkey. The businesses encompass the full range of polyester production - fibres, resins, intermediates and bottles.

Sabanci is one of the two largest industrial conglomerates in Turkey. It employs over 35,000 employees and has existing joint ventures with many major blue chip multinationals.

Since formation ADVANSA have evolved and leveraged this unique position to provide service and product solutions that are tailored to the needs of the customers of a dynamic industry. We
  • manufacture and sell polyester intermediates, fibres and resin across the European, Middle East & Africa (EMEA) region.
  • research and develop products and processes, either in house or with partnerships with universities, suppliers and customers.
  • provide technology and product solutions, some directly and some in partnership with DuPont/INVISTA for the brands and processes they owe, and we have the right to in EMEA.
  • provide a range of services and solutions to polyester and other producers, using our practical experience to advise them on how to run their operations more safely, efficiently and effectively as well as in a more environmentally-friendly way.

 


Baser Kimya     http://www.baserkimya.com.tr/  

The Baser Group of Companies is a leading Turkish industrial group with activities in the chemicals, plastics, textiles, finance, food and international trade. The Baser Group's steady and fast growth has been guided by its corporate policies of unconditional customer satisfaction, investment in human resources and total quality management.

Baser Chemical, Baser Group's first investment in the industrial sector and the Group's flagship company, was established in 1974 to produce chemical ingredients for the detergent and cosmetic industries in Turkey and international markets. Baser Chemical is one of the largest chemicals manufacturers in Turkey and is investing steadily in the capacity and advanced technology required to compete successfully in this highly dynamic sector.

Baser Group   http://www.baserkimya.com.tr/en/kurumsal.asp?grup=2

Baser Group is one of the leading industrial groups of Turkey with its companies operating in such sectors as chemistry, foodstuff, packing, textile and factoring.
The foundations of Baser Group were laid in 1951 when Mr. Mustafa Baser started textile business in Adana.


Baser Kimya runs a 40,000 mt/yr polystyrene plant in south Turkey.

 


Platts 2003/9/2

Turkey's Tupras privatization bid attracts 20 potential suitors

Turkey's privatization authority confirmed that 20 companies have purchased bid documents for the tender to buy 65.76% stake in state oil refiner and petrochemical producer Tupras, officials said late Monday. The tender deadline was recently extended to Oct 2.


Tupras also operates
the Korfez petrochemical complex, at Yarimca, 70km west of Istanbul, which houses a 33,000 mt/yr butadiene extraction plant, 20,000 mt/yr polybutadiene rubber plant, 40,000 mt/yr carbon black unit, 27,000 mt/yr polystyrene unit and a 33,000 mt/yr styrene butadiene rubber plant.


October 13, 2004 EUROPEAN CHEMICAL NEWS

Cracker growth/ by Petkim, Turkey.

Petkim, Turkey, is to increase its cracker capacity at Aliaga, Turkey, from 400,000 tonnes/y to
520,000 tonnes/y of ethylene and by 70,000 tonnes/y to 240,000 tonnes/y of propylene, 120,000 tonnes/y to 310,000 tonnes/y low density polyethylene (LDPE). The cracker will be shut from Dec 2004- Mar 2005 for the $400 M expansion. Polymer plants will continue to operate with bought in ethylene during this time.


2006/7/28 Advansa

La Seda to acquire Advansa's PET, PTA and Preform businesse

H. O. Sabanci Holding
s subsidiary Advansa BV (Advansa) chaired by Engin Tuncay and La Seda de Barcelona, S.A. (LSB) chaired by Rafael Espanol have signed today a Share Sale and Purchase Agreement which will result in the acquisition by LSB of the PET, PTA and Preform businesses currently operating in the UK, Turkey and Romania within Advansa. Completion is subject to necessary regulatory approvals and is expected to take place by 1st October 2006.

The acquisition of Advansa
s PET plants in UK and Turkey with combined capacity of 280 kte will result in LSB increasing its total PET capacity to around 800 kte per annum and becoming the largest producer in the European region with the broadest market coverage. It will also enhance LSBs backward integration by adding 670 kte of PTA capacity in Wilton UK to its existing position in MEG production in Tarragona, Spain.

売却後のAdvansa

manufacture and sell polyester intermediates (DMT), fibres and polyester polymer solutions across the European, Middle East & Africa (EMEA) region.

With close to 300 thousand metric tons of fibre extrusion, ADVANSA is, by far, the largest manufacturer of polyester fibre products in its operating region of Europe, Middle East and Africa.
ADVANSA produces polyester staple fibre and filament yarn, both POY and textured, serving customers in the main enduse markets of apparel, home textiles, and technical textiles with an extensive range of products for all sectors.
Production takes place at three different sites, based in two countries : Germany and Turkey. All sites are ISO registered with integrated quality management and customer support services.

ドイツ(Uentrop) Polyester Staple  40千トン
トルコ(
Adana)  DMT 280 ktpa 
          
POY  115 ktpa
          Staple Fibre 125 ktpa


2006/5/17 AFX News

La Seda still studying PET acquisitions in Europe; no decision on Advansa

La Seda de Barcelona SA said it is still studying growth through acquisitions in the European polyethylene terephthalate (PET) sector, but has yet to make a decision on Turkish PET producer Advansa.


Platts 2007/2/28

Spain La Seda PET, PTA businesses to be re-launched as 'Artenius'

The polyethylene terephthalate and purified terephthalic acid businesses of Spain's La Seda are to be re-launched under a new name, Artenius, according to a customer letter obtained by Platts, Wednesday. The change is already being affected for the UK, the letter said.

 


ADVANSA Europe's polyester leader
http://www.advansa.com/

The formation of ADVANSA brought together prestigious DuPont manufacturing and branded product heritage with Sabanci's sound business sense to establish ADVANSA as Europe's number one player in all sectors of the Polyester market.

Sabanci Holding to Acquire DuPont's Share of DuPont Sabanci Polyester (Europe)

ADVANSA is a wholly owned company of Haci Omer Sabanci AS of Turkey. The businesses encompass the full range of polyester production - fibres, resins, intermediates and bottles.

Sabanci is one of the two largest industrial conglomerates in Turkey. It employs over 35,000 employees and has existing joint ventures with many major blue chip multinationals.

Since formation ADVANSA have evolved and leveraged this unique position to provide service and product solutions that are tailored to the needs of the customers of a dynamic industry. We

manufacture and sell polyester intermediates, fibres and resin across the European, Middle East & Africa (EMEA) region.
research and develop products and processes, either in house or with partnerships with universities, suppliers and customers.
provide technology and product solutions, some directly and some in partnership with DuPont/INVISTA for the brands and processes they owe, and we have the right to in EMEA.
provide a range of services and solutions to polyester and other producers, using our practical experience to advise them on how to run their operations more safely, efficiently and effectively as well as in a more environmentally-friendly way.

Fibres & Yarns by ADVANSA
With close to 300 thousand metric tons of fibre extrusion, ADVANSA is, by far, the largest manufacturer of polyester fibre products in its operating region of Europe, Middle East and Africa.

ADVANSA produces polyester staple fibre and filament yarn, both POY and textured, serving customers in the main enduse markets of apparel, home textiles, and technical textiles with an extensive range of products for all sectors.

Production takes place at three different sites, based in two countries : Germany and Turkey. All sites are ISO registered with integrated quality management and customer support services.

The company's leadership position is reinforced by a strong portfolio of branded and speciality fibres, backed by significant ongoing investment in research and development and upstream integration into intermediates.

Resins & Intermediates by ADVANSA
ADVANSA has a very strong intermediates business based on our
PTA plants at Wilton, UK which are currently capable of producing 650 kte per annum and our DMT plant in Adana , Turkey which has a capacity of 240 kte per annum.

Our PTA plants serve the external PET resin, fibre and film markets across our region with a competitive cost and excellent service. These plants also meet our internal needs for PTA for our own PET plants in the UK and Turkey. Our DMT plant is essentially integrated with our downstream polymer plants linked to fibre assets ,although we do have some surplus quantity for external sales.

We have approximately
300 kte of PET capacity with our CP plants in UK and Turkey. These plants serve the carbonated soft drink (CSD) and mineral water (MW) packaging markets in our region with both branded and general purpose resin.

We are a leading producer of both PTA and PET in our region with strong external market positions in the established sectors while also developing and supporting new business opportunities in sheeting, customised containers and other specialist applications.


2006/8/14 Platts

Turkey's Sanko announces plans for petrochemical plant at Ceyhan

Turkey's Sanko Holding conglomerate was developing plans to construct an oil refinery and petrochemical complex close to Turkey's Mediterranean oil port of Ceyhan, Turkey's state owned news agency Nadolu Ajans reported Monday, in an interview with Sanko chairman Abdulkadir Konukolu.

In 2003 Sanko formed a consortium with Turkey's
Zorlu to bid in the sale of a controlling stake in state petrochemical firm Petkim, a sale which was later cancelled.

Ceyhan ジェイハン市はBTCパイプラインの終点

Sanko Group http://www.sanko.com.tr/eng/default.asp

Sanko Group, which started its operations with a simple hand-loom in 1904, is continuing its business activities with the same energy and confidence of the first day. Sanko has been actively involved in textile business for five generations. Since the beginning of the 1990s , Sanko group has diversified its bussiness areas in both the national and international platforms. Today, the group consists of many companies and employs over 14,000 people. The companies are active in textile, construction, finance, packaging, energy, food, automotive, white-goods, climatization, information technology, health care and education areas.

 


Platts 2006/11/8

Turkey's Sabanci eyes further nylon acquisitions in China: CEO

Turkey's
Sabanci subsidiary, Kordsa plans to expand further into China, CEO Mehmet Pekarun has said. Turkey's Kordsa acquired a 99.5% stake in Chinese nylon company IQNE Qingdao Nylon Friday from Invista, which Pekarun called a "first step."
IQNE Qingdao Nylon has an annual capacity of only 3,000 mt/yr of nylon 6 cord, and will be turning the cord into fabric. Kordsa would then sell the finished tire fabric to Chinese tire manufacturers.


Kordsa

Kordsa, Incorporated started operations as DuPont-Sabanci International, LLC in December 2000 combining the nylon industrial heavy decitex yarn and tirecord fabric businesses of E. I. duPont de Nemours & Co. of the USA and Sabanci Holding of Istanbul, Turkey.  The company has manufacturing operations in seven countries with headquarters in Wilmington, Delaware, USA.

In April 2005 Sabanci Holding purchased from DuPont its equity interest in the company, and the company was renamed Kordsa International effective July 01, 2005.  Also effective July 01, 2005 the company has added and is beginning to integrate into its operations the polyester tirecord operations of Sakosa Sabanci Endustrieyel Iplik ve Kord Bezi Sanayi ve Ticaret A.S. located in Izmit, Turkey and Cobafi - Companhia Bahiana de Fibras, located in Camacari, Brazil. 

The company is one of the largest suppliers of nylon and polyester industrial yarn, tirecord and industrial fabrics and single end cord with capacity over 150 thousand metric tonnes per annum, approximately 15 percent of the global textile rubber reinforcement industry.  The company operates nine manufacturing sites with a total of approximately 2900 employees and has an annual turnover of approximately $700 million.

 

NORTH AMERICA:
Kordsa, Incorporated
 Chattanooga Tennessee  Heavy denier N6,6 industrial nylon yarn, extensible pick yarn feed stock
 Laurel Hill, North Carolina  TCF twisting/weaving/dipping

SOUTH AMERICA:
Berazategui, Argentina (Kordsa - Argentina)
 Heavy denier N6,6 industrial nylon yarn TCF twisting/weaving/dipping
Camacari, Brazil (Kordsa - Brazil)
 Heavy denier N6 industrial yarn Heavy denier polyester industrial yarn(Cobafi)
                        TCF twisting/weaving/dipping

EUROPE:
Izmit, Turkey (Kordsa)
 Heavy denier N6,6 industrial yarn Heavy denier polyester industrial yarn(Sakosa)
                TCF, C-belt, Chafer twisting/weaving/dipping
Cairo, Egypt (Nile Kordsa)
 TCF twisting, weaving, dipping

Muhlhausen, Germany (Interkordsa)
 Single end cord twisting/dipping

 


2001/1/8                 In April 2005 Sabanci Holding purchased from DuPont its equity interest

DuPont and Sabanci Holding Finalize Expanded Industrial Nylon Global
Joint Venture Agreement

DuPont and Sabanci Holding today announced the completion of an agreement to further expand their multi-regional alliance for industrial nylon. The new 50/50 joint venture creates the world's leading global supplier of heavy decitex nylon industrial yarn and tire cord fabric with over 100KT capacity. DuPont-Sabanci International, LLC, started operations at year-end 2000 and will use the tradename of DUSA International (DUSA) with headquarters located in Wilmington, Del.

"DuPont and Sabanci have a long history of cooperation dating back more than 25 years, including the formation of the DUSA yarn manufacturing joint venture in Izmit, Turkey, in 1987," said Guler Sabanci, DUSA chairperson. "Sabanci and DuPont share many core values which form the basis of our successful cooperation over the years. I am pleased to see this expansion of our alliance in industrial nylon."

"DUSA International will operate as one global business dedicated to meeting the needs of its customers in tires, mechanical rubber goods, cordage, and webbing better than any other nylon supplier," said Peter Hemken, chief executive officer of the new company. "This combination offers many benefits, among them the scale and resources to invest, renew and add value to our offerings for customers."

The new company will operate with a total of eight manufacturing sites and estimated 2,300 employees worldwide. Manufacturing facilities are currently located in the United States, Turkey, Argentina, Brazil, Germany and Egypt. North American business will be a part of the DUSA International entity. KORDSA Sabanci DuPont, the European business created in 1999 through the merger of the two companies' businesses in Europe, will become a subsidiary of DUSA International. Concurrently, DUSA Brazil and DUSA Argentina, formed in 1999, will also become subsidiaries of DUSA International.

DuPont, with over 60 years in the nylon industry, and Sabanci, with almost 30 years experience supplying dipped fabric, will combine their manufacturing and technology experience to benefit DUSA International customers. A number of facility modernizations are planned, under way or recently completed. A state-of-the-art nylon manufacturing facility began operation in Izmit, Turkey, late last year, replacing capacity that was retired with the closure of the DuPont plant in Doncaster, U.K., in 1999. A new fabric-treating unit also began operation last year in Camacari, Brazil. Twisting and weaving facilities in Camacari and also in Berazategui, Argentina, are being modernized this year, and construction of a new treating unit in Berazategui has begun with startup planned early in 2002.

The Sabanci Group has combined revenues of $10 billion and is one of the two largest industrial and financial conglomerates in Turkey. The Group employs approximately 30,000 people and operates in such diverse businesses as tire and tire reinforcement materials, banking, insurance, textiles, chemicals, automotive, cement, food and retail. The Group has grown both through expansion of existing businesses and by the formation of 50/50 joint ventures with multinationals such as Toyota, DuPont, Bridgestone, Philip Morris, Danone, Bekaert, CBR, Carrefour, Kraft foods International, BNP, Dresdner Bank and International Paper.

DuPont is a science company, delivering science-based solutions that make a difference in people's lives in food and nutrition; health care; apparel; home and construction; electronics; and transportation. Founded in 1802, the company operates in 70 countries and has 94,000 employees.

Formation of KORDSA ( Fabric Plant)  1973
  Start - Up of MRG 1983
  Formation of Yarn Plant (DUSA)  1987
  Modernization of Kordsa 1st Mill  1991-1992
Establishment of NileKordsa 

1993

Modernization of Kordsa 3rd Mill  1993-1998
Establishment of InterKordsa 

1998

DUSA - KORDSA Merger 

1999

Up-Grading of Dipping Units  1998-2000
Expansion Start - Up of Yarn Plant 

2000

Establishment of Kordsa USA  2000
Establishment of InterKordsa USA  2000
Dusa LLC Formation  2001
Establishment of KianKordsa  2001
Relocation of Technology Center in Kordsa Izmit (Yarn) from Chattanooga USA 

2003

KORDSA - SAKOSA Merger 

2005


2001.11.30

KOSA AND SABANCI ANNOUNCE RESTRUCTURING OF SAKOSA JOINT VENTURE

KoSa and Sabanci today announced they will restructure their SAKOSA Tire Cord joint venture in Izmit, Turkey. Sabanci will take 100 percent ownership of the company, increasing its stake from the current level of 50 percent. The transaction is scheduled to close in the near future and is subject to both parties obtaining the required government approvals.
KoSa will maintain the role of HMLS technology provider and will keep a marketing relationship with SAKOSA. Operations will not be interrupted and the transition will be transparent to all of SAKOSA
s customers.
Both parties continue their strong commitment to the Tire industry and see the new relationship as a way to improve service to customers, supply world-class HMLS technology, and improve operations in Izmit. SAKOSA continues to play an integral role in both parties
strategies, and is the most modern site for HMLS reinforcement production in the world.
"Our relationship with Sabanci now will take a different form which we believe will contribute towards the future success of SAKOSA,
said George Gregory, KoSa chief executive officer.
Sabanci has many years of experience in the tire reinforcement industry and we are committed to the success of this business through an advanced technology relationship with KoSa and a strong commitment to our customers,said Güler Sabanci, president, Tire and Reinforcement Materials Group, Sabanci.
SAKOSA is now fully operational, producing world-class 792/793 HMLS polyester tire reinforcement for use at most global and regional tire makers. It is the most modern site of its kind and is fully integrated to transform polymer to treated fabric at one location.
About KoSa
KoSa is a leading, global producer of commodity and specialty polyester fibers, polymers, and intermediates. The company employs approximately 8,000 people worldwide.
About Sabanci
The Sabanci Group is a leading industrial and financial conglomerate of Turkey with combined revenues of U.S. $10 billion. The group employs approximately 30,000 people and operates in such diverse businesses as tire and tire reinforcement materials, banking, insurance, textiles, chemicals, automotive, cement, food and retail. The group has grown both through expansion of existing businesses and by the formation of 50/50 join ventures with multinationals such as DuPont, Bridgestone, Philip Morris, Danone, Bekaert, CBR, Carrefour and International Paper.

 


2007/5/29 www.plasteurope.com

Petkim: Ineos and Basell consortium among bidders

British chemicals and plastics group
Ineos and polyolefins giant Basell in consortium with Demirren Ortak Girisim Grubu, are among 19 organisations reported to have made prequalifying bids for a 51% stake in Turkey's largest petrochemical corporation, Petrokimya Holding. Preliminary bids closed on 14 May, with 18 of the 19 bids received meeting required criteria. Final bids must be submitted to Petkim by 15 June.

http://www.jetro.go.jp/biz/world/middle_east/tr/news/2003_2.pdf

民営化局は、国営石油化学公社(Petkim)の売却入札に応札した5 企業を発表した。
同局によると、
Chermobis Ortak Girisim Grubu(Ilab Holding)Standart Kimya Petrol Dogalgaz San.Tic.AS.Sanko holdingTurkiye Vakiflar BankZorlu Petrogas Petrol Gaz ve Petrokimya Urunleri 5 社となっている。


2007/7/5 AFX News

Kazakh consortium wins auction for 51 pct of Turkey's Petkim

Kazakhstan-based consortium
Transcentralasia Petrochemical Holding won the auction for 51 pct of Turkish petrochemical company Petkim with a bid of 2.05 bln usd.

In
June 2003, Turkey auctioned off 88.86 pct of the company to the controversial Uzan family empire for 605 mln usd, but cancelled the sell-off two months later after the Uzans failed to fulfil the required conditions amid financial difficulties.

A second tender in
August 2003 for the block sale of 88.86 pct failed because of lack of investor interest.

In
April 2005, 34.5 pct of the company's shares were sold to Turkish and foreign investors in a public offering that raised 267 mln usd.

Petkim controls one-third of the petrochemicals market in Turkey and employs about 4,000 people. Its net profit in 2006 was 40 mln usd.

Eight companies or consortiums have presented bids for a block sale of a 51% stake in Turkish petrochemical firm Petkim.
About 40% Petkim shares are already listed on the stock market and Ankara is now selling another 51% as part of a broad privatisation programme backed by its creditor, the International Monetary Fund.

The bidders are listed as follows:
Consortium listed as Socar & Turcas-Injaz joint investment group consisting of Turkish energy company Turcas and Azeri state oil company Socar and Saudi-based Injaz Projects.

A consortium of Turkish Limak group (construction, energy, cement) and Israel's biggest oil refiner Carmel Olefins

Carmel Olefinsdecision to participate in the tender was part of its strategy to expand internationally. Petrochemical Enterprises controlling shareholder David Federman managed the companys bid. Petrochemical Enterprises CEO Eran Schwartz said, The winning bid seemed us to be too high.He added that the company would continue to review investment opportunities in the energy sector.

TransCentral Asia Petrochemical Holding OGG
    a Kazakh-Russian consortium (Platts)

Turkey's Zorlu conglomerate (textiles to home electronics)
Turkish-based consortium listed as Hokan Chemicals joint investment group
Indian Oil Corporation (IOC) and Calik Energy of Turkey,
Consortium listed as Naksan-Torunlar-Toray-Kiler joint investment group
Firat Plastik, Kaucuk Sanayi ve Ticaret AS


Platts 2007/7/6

Russian bank Troika leads $2.05 billion purchase of Petkim stake

Russian private equity firm Troika Capital Partners is one of three investors behind Thursday's buyout of Turkish state petrochemical company Petkim, according to a statement from Troika Dialog, its parent company.

The other investors in
Trans Central Asia Petrochemical Holding--the consortium behind the $2.05 billion purchase of a 51% stake in Petkim--are oil company Caspi Neft and investment firm Evrazia, the statement said.

According to Russian business daily Vedomosti,
Caspi Neft is a full subsidiary of US-based Transmeridian Exploration, which has operations in Central Asia.

Evrazia manages investments in Turkey for Russian and Kazakh investors, according to Troika's statement. Founded by Mukhmar Ablyazov, its main businesses are power generation and real estate, Vedomosti said.


Skvortsov also told the paper
Troika Capital Partners plans to exit in between four to six years. The new owners are locked in for three years under the terms of the sale, he said.

Transmeridian Exploration Incorporated is an independent energy company established to acquire and develop identified and underdeveloped oil reserves in the region around the Caspian Sea.

 


Platts 2007/10/31

Turkish court rejects attempt by trade union to halt Petkim sale

Turkey's highest court, the Danistay, has rejected an application by the Petrol Is trade union to halt the sale of the 51% controlling stake in Petkim, Turkey's dominant petrochemicals producer, on the grounds that the advertising for the tender was in breach of privatization regulations.



The tender for the sale of 51% of Petkim was completed in July with the winning bid of $2.05 billion being submitted by
Kazakh-Russian investment company, Trans Central Asia Petrochemical Holding, controlled by a US businessman of Armenian extraction, Ruben Vardanyan.

Earlier this month the
Turkish Privatization Administration announced that Turkey's Higher Privatization Council (OYK), a body consisting of the Prime Minister, senior ministers and bureaucrats, had decided to award the tender to the second highest bidder, a consortium of Turkish petroleum distributor Turcas, Azeri state oil company Socar and Saudi Injazz projects, which bid $2.04 billion.

The sale of 51% of Petkim to the Turcas-Socar-Injaz consortium now has only to be ratified by Turkey's competition board before it can be given the final go ahead, an approval that is expected to be issued within the next two weeks.