📋 Tender Overview
Scope: to establish a propane dehydrogenation unit and a polypropylene production complex in Hatay province, Turkey
Turkish petrochemicals powerhouse, Bayegan Group, is set to revolutionize the nation's polypropylene production with a groundbreaking $1.9 billion plant slated for construction in the southern region. The ambitious project, situated in Hatay province, aims to establish a 450,000-ton-per-year facility,
The chosen location for the plant, in close proximity to Gaziantep, holds historical significance as a center for carpet manufacturing dating back to the Ottoman Empire. Beyond meeting domestic demand, Bayegan's venture is poised to contribute significantly to the global polypropylene market.
Originally estimated at 27.7 billion liras in a government decree from January of the previous year, the fixed investment cost has risen to $1.9 billion due to an increase in production capacity to 450,000 tons. This upward adjustment underscores the scope and scale of Bayegan's commitment to driving the nation's self-sufficiency in polypropylene production.
Anticipating significant progress, Bayegan expects to finalize an engineering, procurement, and construction (EPC) contract shortly, with construction set to span 34 months. This transformative venture is not only poised to bolster Turkey's polypropylene production but also solidify its standing as a key player in the global petrochemical arena.
