thyssenkrupp Uhde’s subsidiary Uhde Inventa-Fischer has signed a Letter of Intent with the Türkiye packaging producer KÖKSAN for the delivery of two PET production plants. The first plant will be located in Gaziantep, Turkiye, and the second one – together with Al Mutahida Packaging – in Babylon, Iraq. Each production line will have a capacity of 324,000 tons of PET resin per year, suitable for all kinds of packaging applications and bulk continuous filament (BCF) production. Completion and commissioning are planned for 2027 and 2028, respectively.
The plants will utilize the patented Melt-To-Resin (MTR®) process by thyssenkrupp Uhde’s subsidiary, Uhde Inventa-Fischer. With this investment, KÖKSAN aims to strengthen its market position both domestically and across the region. The various grades of PET resin produced will be supplied to local markets as well as to countries in the Middle East, the Americas, Europe, and Africa.
Nadja Håkansson, CEO of thyssenkrupp Uhde: “We are very proud that KÖKSAN and Al Mutahida Packaging have chosen us to build two more state-of-the-art PET plants. Our well-proven MTR® process demonstrates that our technologies deliver economic and environmental advantages at the same time, combining reduced energy consumption and higher yield with lower CAPEX and OPEX. thyssenkrupp Uhde’s scope includes the license, basic and detail engineering, and supply of all major plant equipment. In addition, the operating personnel of KÖKSAN is going to be trained by the specialists from thyssenkrupp Uhde.”
