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Turkey’s Currency Crisis Stabilizes as Polyester Producer SASA Expands

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

SASA, a major polyester staple fiber, filament yarn and polymer manufacturer based in Adana, Turkey, is investing $330 million to expand its production capacity. The investment would lead to an expanded capacity of 367,500 tons per year. SASA said the investment is planned to be commissioned in the fourth quarter of 2023 and its annual…

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