Oerlikon Barmag Huitong Engineering (OBHE), has signed a comprehensive cooperation agreement with Köksan Group, one of the leading PET producers in Türkiye, for a Continuous Polycondensation (CP) production capacity of 400,000 tons per year. It is stated that this will accelerate the global expansion of the Köksan Group’s production capacity.
It is announced that as part of this comprehensive cooperation agreement, Köksan will invest a high triple-digit million Chinese Yuan amount in the coming years. The new plant will be in the Yangkou Chemical Industrial Park, Rudong County, Nantong, China. Köksan will be setting up its plant with a production capacity of 2.2-million-tons-per-year ‘green’ polyester new materials for the packaging industry. The first phase of this project has now been officially launched, and it has been announced that production is scheduled to start in mid-2026.
“Köksan will become one of the global giants in polyester production for the packaging industry”
Murat Kökoğlu, CEO of Köksan stated that they are convinced that this investment will be a major step for their company’s future; “It is our first investment in China and one of the largest industrial investments by a Turkish company in this area of industry in China. Upon the completion and full operation of this project, Köksan will become one of the global giants in polyester production for the packaging industry,” he said.
Zhong Ming, General Manager of Oerlikon Barmag Huitong Engineering said that they are very pleased that Köksan has chosen their innovative CP technology: “This is further proof of our capabilities in the field of polymerization technologies.”
Latest CP technology from Oerlikon Barmag Huitong Engineering
The project adopts the advanced five-reactors process and tailor-made equipment of Barmag’s joint venture partner OBHE. Using purified terephthalic acid (PTA) and ethylene glycol (MEG) as raw materials, it produces high-viscosity chips through the direct esterification and continuous polycondensation process technology route.
As one of Türkiye’s leading companies in the PET and plastic packaging sector, Köksan exports to more than 100 countries and maintains its investments abroad. Köksan is an international investor with operations in China, Senegal, Libya, and Iraq. After over 50 years of development, the company has realized a diversified development model integrating chemical production and processing, logistics, warehousing, international trade, hotel and real estate development.