Total project investment was estimated by the client at 935 M$. This amount includes the value of the contract of Técnicas Reunidas. The scope of the contract includes engineering, procurement and construction supervision and management. The contract has already been launched and will be executed under a fast track scheme.
The project has a high compromise regarding environmental and social compliance, compiled in the ESIA Report (Environmental and Social Impact Assessment) approved in November 2020, that Técnicas Reunidas will observe during the project development.
Juan Lladó, Chairman of Técnicas Reunidas commented: “Técnicas Reunidas is uniquely placed to leverage on its engineering and technical expertise and its solid petrochemical track record to play a significant role in the growth of this industry in Turkey. We look forward to delivering this project safely and sustainably and we are extremely honored to participate in this significant development for Turkey, a country where our company is fully committed. We also look forward to participating in the economic development of the Adana province, boosting the local supply chain, optimizing distribution and therefore achieving a significant reduction in the carbon footprint. "
First PTA facility in Turkey
This project is part of a very ambitious investment program that SASA POLYESTER will carry out in the petrochemical sector in Turkey.
Turkey is the third importer of PTA in the world, after the United States and Germany. This will the first PTA facility to be built in Turkey, and it will help to reduce the deficit and the imports of the country in this very important raw material.
The project ratifies the credentials of Técnicas Reunidas in the design and construction of PTA plants, a product which is expected to see additional investments in the short term, in Turkey and in other countries and regions.
Turkey is also a priority market for Técnicas Reunidas, a market where the company has more than 40 years of continuous presence and has developed 14 important projects. The company has worked for the most relevant companies in the energy sector, such as TÜPRAS, SOCAR, IPRAS and BOTAS. This new contract guarantees a further successful presence in that country in cooperation with Turkish partners and shows the vocation to participate in the major new investments to be developed in Turkey in the future.
PTA is used in the pharmaceutical and textile industries, as well as for food life extension and packaging.