# Kara Holding to build lyocell fiber plant in Gaziantep, Turkey

Kara Holding, with Swiss and Austrian partners, will build a lyocell fiber factory in the Gaziantep Industrial Zone with a total investment of 400 million euros. Initial annual capacity is 20,000 tons, with plans to expand to 80,000 tons.

- Type: New facility
- Announced: 2019-06-17
- Where: Gaziantep Industrial Zone, Türkiye
- Value: $452.0M (400.0M EUR)
- Status: announced
- Capacity: 20,000 tons per year initially, up to 80,000 tons
- Products: lyocell fiber
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kara Holding](https://endata.com/companies/28669.md)

## Sources

- [etextilemagazine.com](https://www.etextilemagazine.com/kara-holding-to-manufacture-lyocell-fiber-with-a-400-million-euro-investment.html), 2019-06-17: "From now on, we will produce the raw material that we also use."

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