# Korteks commissions $10M polymer recycling facility for polyester yarn

Korteks commissioned a Polymer Recycling Facility with a $10 million investment to produce polyester yarn from PET bottles, with a monthly production capacity of 600 tons, a first in Turkey and Europe.

- Type: Investment
- Announced: 2021-02-26
- Where: Türkiye
- Value: $10.0M
- Status: completed
- Capacity: 600 tons per month
- Products: polyester yarn from PET bottles, RPET chips
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Korteks](https://endata.com/companies/51156.md)

## Sources

- [etextilemagazine.com](https://www.etextilemagazine.com/korteks-to-produce-polyester-yarn-from-pet-bottles.html), 2021-02-26: "Korteks will produce polyester yarn completely out of PET bottles, thus performing a first in Turkey and Europe, in its Polymer Recycling Facility, which was commissioned with a 10 million dollar investment"

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