Petkim to start production of high-tech plastic

Petkim Holding Ltd will create a new company, which will produce high-tech plastic and chemical products.

Petkim Specialities Mühendislik Plastikleri Sanayi ve Ticaret A.Ş. (Petkim Specialities), which is a subsidiary of Petkim Holding, will use the assets of Plastic Business Factory which is part of the holding with a capacity of 14 thousand tons.

The holding will invest $5 million in the initial phase, buying new equipment with a capacity of 10 thousand tons, to gain the production capacity of Petkim Specialities of 24 thousand tons.