# DowAksa plans to triple Yalova plant capacity with new investment

DowAksa plans to triple the capacity of its Yalova plant following the Vestas contract, with investment expected to reach $500 million in the first phase, up from a previous $1 billion 10-year plan.

- Type: Expansion
- Announced: 2017-06-07
- Where: Yalova, Türkiye
- Value: $500.0M
- Status: announced
- Products: carbon fiber composite materials
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [DowAksa](https://endata.com/companies/24752.md)

## Sources

- [hurriyet.com.tr](https://www.hurriyet.com.tr/yazarlar/vahap-munyar/ruzgar-devi-300-milyon-dolarlik-karbon-elyafi-alacak-yatirim-katlanacak-40483189), 2017-06-07: "Yeni siparişle Yalova’daki tesisimizin 3’e katlanması gündeme geldi. Fabrikayı büyütmek için yeni teşvik sisteminden yararlanmak üzere başvuruda bulunduk. Yatırımı 10 yılda 1 milyar dolara çıkarma planımız vardı. İlk aşamada 500 milyon dolara çıkacak."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.