[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_PartialOrCompleteSuspensionOrImposssibilityOfOperationsAbstract|
Partial Or Complete Suspension Or Imposssibility Of Operations
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
-
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_NatureOfSituationOccured|
Nature Of Situation Occured
Suspension of production on the DMT (dimethyl terephthalate) production line
oda_InformationAboutOperationsSupendedOrBecameImpossible|
Information About Operations Suspended Or Became Impossible
DMT production
oda_ReasonOfSuspensionOrImpossibilityOfOperations|
Reason Of Suspension Or Impossibility Of Operations
Due to the earthquakes and aftershocks experienced since 06.02.2023, in order for safety of production and the continuance of supply in line with our sustainability principle, it has become necessary to check our DMT production line in detail and to perform appropriate maintenance and/or changes if necessary.
oda_DecisionDateOfAuthorizedBodyIfExits|
Decision Date Of Authorized Body If Exits
Board of Directors Resolution dated 22.02.2023
oda_ValidityDateOfSuspensionOrImpossibilityOfOperations|
Validity Date Of Suspension Or Impossibility Of Operations
22.02.2023
oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalProductionOfCompany|
Effect of Suspension or Impossibility of Operations on Total Production of Company
The capacity of the DMT production facility is 280,000 tons/year, which constitutes approximately 20% of the total capacity of 1,400,000 tons/year
oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalSalesOfCompany|
Effect of Suspension or Impossibility of Operations on Total Sales of Company
It is expected that the effect of the suspension of the production on the turnover will be limited to 10% because the production is mostly based on PTA and the capacity will be increased in those plants; and the current inventory level.
oda_ShareOfPartiallySuspendedOperationsInTotalProductionAndSalesOfCompany|
Share Of Partially Suspended Operations In Total Production And Sales Of Company
The share of the DMT plant in total production and sales was approximately 15% in the first 9 months of 2022.
oda_NumberOfPersonnelWhoseEmploymentContractsWereOrWillBeTerminated|
Number Of Personnel Whose Employment Contracts Were Or Will Be Terminated
None
oda_TotalAmountOfSeveranceAndTerminationPaysThatWasOrWillBePaid|
Total Amount Of Severance And Termination Pays That Was Or Will Be Paid
None
oda_PrecautionsTookIntoConsiderationByCompanyManagement|
Precautions Took Into Consideration By Company Management
The capacities of our PTA based production plants will be increased.
oda_ConditionsRequiredForGoingIntoOperationAgain|
Conditions Required For Going Into Operation Again
Completion of intensive checks and possible maintenance.
oda_ExpectedDateToBeginOperations|
Expected Date To Begin Operations
22.03.2023
oda_EffectsOnContinuityAssumptionOfCompany|
Effects On Continuity Assumption Of Company
No effect is expected.
oda_ExplanationSection|
Explanations
oda_AdditionalExplanationTextBlock|

After the earthquakes and aftershocks that occurred first in Kahramanmaraş as of the morning of 06.02.2023 then in Hatay on 20.02.2023, although no damage has occurred in our production lines or any negativity that has led to an interruption in production and shipment; it has become necessary to check our DMT (dimethyl terephthalate) production line in detail and to perform the most appropriate maintenance and/or changes if necessary in order to ensure the safety of the production line so that the supply can continue in line with our sustainability principle. Therefore, it has been decided to suspend production on DMT production line as of today. It is estimated that the necessary checks and possible maintenance works are expected to be completed within approximately 1 month.

In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the original Turkish version shall prevail. SASA disclaims all warranties and makes no representations about the accuracy or completeness of the English translation and assumes no liability for any errors, omissions or inaccuracies that may arise from use of this translation.