Pakel Acrylic Fiber Plant
Türkiye | Consumer Discretionary- Identification Code:
- OP/03/0401
- Total Operation Cost:
- — USD
- Maturity:
- —
- Operation Status:
-
BSTDB Approved Amount – Approval Date13.000.000 USD – 12 Dec 2003
-
BSTDB Signed Amount – Signed Date-2.000.000 USD – 14 Jul 200513.000.000 USD – 14 Jul 2004
-
Status:Cancelled
- Description and Purpose of the Operation:
- Construction and operation of an acrylic fibre manufacturing plant in the Yumurtal Free Trade Zone to produce acrylic fibre for the internal use of Akteks Group, a prominent textile group in Turkey, as well as for clients on the domestic and export markets.
- Countries of Operation:
- Türkiye (100,00%)
- Financial Product:
- Loans
- Sector:
- Consumer Discretionary
- Domain:
- Private
- Borrower/Client:
- Pakel Kimya Tekstil Sanayi Ve Ticaret Anonim Sirketi
- Co-Financers/Participants:
- —
- Guarantors/Sponsors:
- Akteks Akrilik Iplik Sanayi Ve Ticaret Anonim Sirketi (Guarantor), Akiplik Akrilik Iplik Ve Ticaret Anonim Sirketi (Co-guarantor)
- Developmental and Regional Cooperation Impact:
- Direct and indirect job creation, with up to 200 new jobs directly created in Adana region; Regional development impact, through possibility of exports also to Bulgaria, Romania, Russia, and Ukraine.
- Environmental Classification and Impact:
- Screened as B0. The impacts associated with the project are clearly understood and are not going to be significant, mainly due to the project nature and scale, as well as the proposed mitigation measures. These relate to wastewater discharges, air emissions, storage and handling of raw materials including fuels, noise pollution, and occupational health & safety issues. As part of the project the Borrower planned to implement adequate mitigation measures.
- Operation Leader:
- General Industries, Transport, Tourism 2
- E-mail:
- gitt2@bstdb.org
As of 28 Feb 2026
