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English
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oda_PartialOrCompleteSuspensionOrImposssibilityOfOperationsAbstract|
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oda_UpdateAnnouncementFlag|
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Evet (Yes)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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22.02.2023,.22.03.2023
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_NatureOfSituationOccured|
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Completion of maintenance work and reactivating the DMT (dimethyl terephthalate) production line
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oda_InformationAboutOperationsSupendedOrBecameImpossible|
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DMT production
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oda_ReasonOfSuspensionOrImpossibilityOfOperations|
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Maintenance and repair works started on the DMT line due to the earthquakes and aftershocks experienced since 06.02.2023 were completed. The DMT line was reactivated again on 17 April 2023.
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oda_DecisionDateOfAuthorizedBodyIfExits|
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Board of Directors Resolution dated 22.02.2023
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oda_ValidityDateOfSuspensionOrImpossibilityOfOperations|
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22.02.2023
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalProductionOfCompany|
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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
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalSalesOfCompany|
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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.
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oda_ShareOfPartiallySuspendedOperationsInTotalProductionAndSalesOfCompany|
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The share of the DMT plant in total production and sales was approximately 11% in the year 2022.
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oda_NumberOfPersonnelWhoseEmploymentContractsWereOrWillBeTerminated|
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None
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oda_TotalAmountOfSeveranceAndTerminationPaysThatWasOrWillBePaid|
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None
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oda_PrecautionsTookIntoConsiderationByCompanyManagement|
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The capacities of our PTA based production plants will be increased.
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oda_ConditionsRequiredForGoingIntoOperationAgain|
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Completion of ongoing maintenance work.
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oda_ExpectedDateToBeginOperations|
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Started operating again on 17.04.2023.
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oda_EffectsOnContinuityAssumptionOfCompany|
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No effect is expected.
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oda_ExplanationSection|
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oda_AdditionalExplanationTextBlock|
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The maintenance and repair works started on 22 February 2023 on the DMT (Dimethyl Terephthalate) Production Line were completed and the said production line was reactivated again on 17 April 2023.
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.
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