SASA Stock (SASA) Price and Chart

    SASA Stock (SASA) Price and Chart As it is known, SASA Polyester (SASA); is one of the world's leading manufacturers of polyester, fiber, filament yarn, polyester-based polymer, special polymers and intermediates. With the responsibility given by the leadership in the sector, it blends its strong technical heritage and innovation culture with its high production capacity and successfully continues its production, design and distribution processes. SASA is the leader in the Europe, Middle East and Africa region as the first and largest producer of polyester polymers. Being a global manufacturer of polyester, polymer and petrochemical products is its sole mission and also aims to create value for its employees, suppliers, customers, shareholders and society. The number of employees of the company is more than 4,300. The company, which has technologies such as Nobel, ICI, Dupont; It provides services in different cities with its integrated production facilities, raw material storage areas and liaison offices. It is noteworthy that the number of personnel increased significantly after it was acquired by Erdemoğlu Holding, for example, the number of employees, which was about 1000 before, exceeded 4000 after the change.

Company Organization

The Holding was established in 1966 and has aimed to grow by making different investments in order to be a leader in the sector since then.

Company Growth:

• Partnering with Dupont in 2000
• Then, in 2015, it was acquired by Erdemoğlu Holding and continued to grow.

It produces in Adana with its integrated facilities established on an area of ​​2,181,000 m2, and it is known that the company has its own raw material storage facility of 55,625 m2 in Iskenderun. It is an Industrial Company, where it works with companies such as Nobel, ICI and Dupont in terms of technology and has a strong technical infrastructure thanks to its high-capacity pioneering production facilities and the Research and Development Center established in 2002, and has SASA liaison offices in Ankara and Istanbul.

SASA Stock (SASA) Price and Chart

SASA Public Offering

• It is a company traded on the World Stock Exchange.
• The SASA public offering date is April 30, 2015. On this date, the shares of Sabancı Holding were acquired by Erdemoğlu Holding.
• Its shareholding structure has become 51% Erdemoğlu Holding and 49% public offering.

Companies Acquired by SASA

• In order to show its leadership in the sector and increase its power, it started to be known as DupontSA by establishing a joint venture-style partnership with the world chemical giant Dupont in 2000,
• When Sabancı Holding bought Dupont shares in 2004, the name of the company was changed to ADVANSA,
• and the name of the group's organization in Turkey was changed to ADVANSA SASA Polyester Sanayi A.Ş. has been.
• In 2011, Sabancı Holding purchased all SASA shares belonging to ADVANSA BV. After this date, the name of the company was determined as SASA and started to be used.

SASA Company Information

 

• CEO : Dr. Mustafa Kemal Oz
• Number of Employees: 4300+
• Headquarters: Seyhan, Adana, Turkey
• Established: 1966
• Sector: Polyester and its products

 

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