# Kordsa invests $18M to expand HMLS polyester yarn capacity in Izmit, Turkey

Kordsa is investing $18 million to add 7 ktpa of HMLS polyester yarn capacity at its Izmit plant, expected to start in Q3 2024, raising total capacity to 34 ktpa.

- Type: Expansion
- Announced: 2022-12-04
- Where: Izmit, Turkey, Türkiye
- Value: $18.0M
- Starts operating: Q3 2024
- Status: under construction
- Capacity: 7 ktpa
- Products: HMLS polyester yarn
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kordsa](https://endata.com/companies/28625.md)

## Sources

- [lastikmagazin.com](https://lastikmagazin.com/?p=14230), 2022-12-04: "Yıldırım, İzmit'te yüksek modüllü düşük çekmeli (HMLS) polyester iplik için kapasite eklemeye yönelik 18 milyon $'lık (18 milyon €) yatırımın 2024'ün üçüncü çeyreğinde faaliyete geçmesinin beklendiğini söyledi."

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