Ceyhan Polipropilen Uretim Anonim Sirketi (DFC-2023-CEYHANPOLIPROP)

  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
  • Turkiye
Geographic location where the impacts of the investment may be experienced.
Specific Location
Ceyhan, Province of Adana
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Ceyhan Polipropilen Uretim Anonim Sirketi
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 550.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 550.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 1,666.80 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Other Related Projects
Primary Source

Original disclosure @ DFC website

Updated in EWS Dec 6, 2023

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the DFC, the project consists of the development of a greenfield polypropylene production facility with a nameplate capacity of 472,500 MT p.a. in Province of Adana,
Republic of Turkey. The Project stands to significantly bolster regional economic development by anchoring jobs and investment in one of the poorest regions of Turkey, fostering resilience and self-sufficiency by enhancing domestic polypropylene production, reducing imports and an improved foreign currency exchange balance to address Turkey’s
ongoing currency crisis.
The Project incorporate the most up-to-date technology to produce polypropylene efficiently takes significant steps to mitigate its contribution to climate and pollution risks. The transaction is recommended for approval despite market and country risks that are more difficult to mitigate.
The investment will support U.S. foreign policy objectives and counters financing from competitor states.

The construction schedule is divided in two phases, the Early Works (Phase 1) and Main EPC Works (Phase 2) which are scheduled to last 6 and 38 months, respectively, with completion planned for April 2026.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

As stated by the DFC, the Project has been reviewed against DFC’s categorical prohibitions and determined to be eligible. The Project has been screened as Category A because it involves large-scale, greenfield development of a petrochemical facility and the projected Greenhouse Gas emissions exceed the 100,000 tons of carbon dioxide equivalent (CO2eq) per year threshold. In addition, the Project has the potential to cause significant and irreversible impacts which need to be adequately mitigated.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by the DFC, Ceyhan Polipropilen Uretim Anonim Sirketi is a Special Purpose Vehicle consisting of Sonatrach Petroleum Investment Corporation B.V. and RNS Ceyhan Petrokimya Endustriyel Yatirim A.S. (subsidiary of Rönesans Holding).

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Ceyhan Polipropilen Üretim Anonim Sirketi Client Industry and Trade

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Project contacts not provided at the time of disclosure.

Client - Ceyhan Polipropilen Uretim Anonim Sirketi:

Website: http://www.ceyhanpp.com/


Unlike many other development finance institutions, DFC does not currently have an access to information policy.

Under the United States Freedom of Information Act (FOIA), DFC is obliged to respond to reasonably formulated requests for Agency records. However, DFC may apply exemptions from release to certain types of information and may charge fees in responding to requests. DFC has a designated FOIA officer who is trained in how to respond to requests and implement the law. You can learn more about filing a FOIA request at: https://www.dfc.gov/foia


The Office of Accountability is an independent office that addresses complaints about environmental or social issues related to DFC-supported projects. The office provides communities an opportunity to have concerns independently reviewed and addressed. If you submit a complaint to the Office of Accountability, it may assist you by either seeking to address your problems by facilitating a problem solving dialogue between you and those implementing the project and/or investigating whether the DFC complied with its policies to prevent environmental, social, human rights, and labor harms.

You can find more information about the Office of Accountability at: https://www.dfc.gov/who-we-are/office-accountability

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