Rönesans Holding, one of Turkey’s largest contracting and investment conglomerates, has invested US$2 billion in major new polypropylene (PP) production plant and terminal facility, which will be one of the largest private sector industrial investments in Turkey as well as the largest investment in Rönesans' history

The polypropylene production plant and terminal in Ceyhan, Turkey. (Source: Rönesans)

The Ceyhan PP production plant will be strategically located within Turkey’s DAPEK Industrial Zone, providing logistical and financial advantages that are set to support the local economy and reduce Turkey’s trade deficit by approximately US$300 million annually.

The plant is expected to boost Turkey’s industrial self-sufficiency and strengthen its global trade position – reducing the country’s import dependence.

The development is comprised of two distinct components financed separately by international financiers.

The first is the PP production plant, being developed by Rönesans and SONATRACH, as a shareholder and feedstock supplier, with an annual production capacity of 472,500 metric tons, meeting roughly 17% of Turkey’s PP demand.

The second component is the terminal facility, which will be developed in partnership with Stolt-Nielsen’s global bulk liquid storage business, Stolthaven Terminals, and provide jetty and feedstock storage services for the new plant and other possible future customers.

The two projects will use environmentally advanced technology to ensure production efficiency and sustainability. The PP production plant aims to achieve the world’s lowest GHG emissions per ton of PP produced globally, benefiting from 100% renewable electricity and high-efficiency production methods.

Rönesans Holding, one of Turkey’s largest contracting and investment conglomerates, has invested US$2 billion in major new polypropylene (PP) production plant and terminal facility, which will be one of the largest private sector industrial investments in Turkey as well as the largest investment in Rönesans' history

The polypropylene production plant and terminal in Ceyhan, Turkey. (Source: Rönesans)

The Ceyhan PP production plant will be strategically located within Turkey’s DAPEK Industrial Zone, providing logistical and financial advantages that are set to support the local economy and reduce Turkey’s trade deficit by approximately US$300 million annually.

The plant is expected to boost Turkey’s industrial self-sufficiency and strengthen its global trade position – reducing the country’s import dependence.

The development is comprised of two distinct components financed separately by international financiers.

The first is the PP production plant, being developed by Rönesans and SONATRACH, as a shareholder and feedstock supplier, with an annual production capacity of 472,500 metric tons, meeting roughly 17% of Turkey’s PP demand.

The second component is the terminal facility, which will be developed in partnership with Stolt-Nielsen’s global bulk liquid storage business, Stolthaven Terminals, and provide jetty and feedstock storage services for the new plant and other possible future customers.

The two projects will use environmentally advanced technology to ensure production efficiency and sustainability. The PP production plant aims to achieve the world’s lowest GHG emissions per ton of PP produced globally, benefiting from 100% renewable electricity and high-efficiency production methods.