Plastay Kimya

What Plastay Kimya does

Plastay Kimya Sanayi ve Ticaret A.Ş. is a Turkish chemical manufacturer founded in 1989 by Mehmet İsmet Sungur, currently operating from a 15,000 square meter production facility in the Gebze Güzeller Organized Industrial Zone under the leadership of Honorary Chairman Mustafa Sinan Sungur. The company manufactures PVC plasticizers, PVC compounds, and PVC stabilizers with an annual production capacity of nearly 60,000 tons and a workforce of more than 160 employees, making it one of the largest plasticizer producers in Turkey.

Its product portfolio is organized into three categories: plasticizers (seven branded SKUs including Sunfleks DOTP, Versafleks DOP, Med-X DOP, Optafleks TOTM, Optafleks Polymeric 50, Optafleks DOA, and Inafleks DINP, covering general-purpose, non-phthalate, medical-grade, high-temperature, low-migration, and cold-resistant chemistries); PVC compounds (both soft and rigid formulations with low-temperature flexibility, UV resistance, and flame-retardant variants); and PVC stabilizers (ASMIX lead-based for demanding industrial applications and ASSAFE calcium-zinc based for REACH/RoHS-compliant markets). Production relies on advanced formulation technology and modern mixing and granulation capabilities to ensure homogeneous dispersion and consistent batch quality.

Plastay generates revenue through direct B2B sales of industrial chemicals to manufacturers in the PVC processing supply chain serving automotive (interiors, cable insulation), construction (pipes, profiles, flooring, roofing), healthcare (medical devices, blood bags, food contact), cable/wire, and packaging end markets, with operating geographies spanning Turkey and the Middle East. Pricing is handled through direct quotation rather than published rate cards, consistent with enterprise industrial chemical contracting. The company sells primarily through direct field sales supplemented by participation in international trade shows (notably PlastEurasia İstanbul 2025), and has been recognized with the 2024 İKMİB Stars of Export Awards 1st place in Organic Chemicals Export and a 474th ranking in Türkiye's R&D 500 in 2024.

Name

Plastay Kimya

Legal name

Plastay Kimya Sanayi ve Ticaret A.Ş.

Website

http://www.plastay.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

101–250 employees

Short description

Plastay Kimya is a manufacturing company that produces plasticizers for PVC, stretch film, and film applications.

Ownership category

akta.pro rank

Product category

Industrial Specialty Chemicals

akta.pro primary industry

Commodity Plastic Compounds (PE/PP/PS/PVC) (IMANABAA)

Keywords

• PVC plasticizers
• PVC compounds
• PVC stabilizers
• Industrial chemicals
• Chemical manufacturing

Headquarters

HQ city

Gebze

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Chemical Product Manufacturing and Sales: Manufactures and sells plasticizers (DOP, DOTP, DOA, DINP, TOTM), PVC compounds, and PVC stabilizers (lead-based and calcium-zinc based) to industrial customers in sectors including automotive, construction, healthcare, cable/wire, and packaging.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Plastay Kimya is a Turkish chemical manufacturer that produces and sells plasticizers, PVC compounds, and PVC stabilizers for industrial PVC processing. Their portfolio includes seven branded plasticizers (DOP, DOTP, DOA, DINP, TOTM, and a polymeric grade), lead-based and calcium-zinc based PVC stabilizers, and tailor-made soft and rigid PVC compounds. Products serve automotive, construction, healthcare/medical, cable/wire, and packaging manufacturers with annual production capacity of nearly 60,000 tons at the Gebze facility.

Product overview

Plastay Kimya is a chemical manufacturing company producing a comprehensive portfolio of PVC additives organized into three main product categories: plasticizers, PVC compounds, and PVC stabilizers. The plasticizer portfolio includes seven distinct products under brand names (Sunfleks, Versafleks, Med-X, Optafleks, Inafleks) serving various applications from general-purpose to specialized uses like medical-grade and high-temperature applications. The PVC compounds product (Plastay Compounds) offers both soft and rigid formulations with customizable performance properties. The stabilizer range includes two products: ASMIX (lead-based for demanding industrial applications) and ASSAFE (calcium-zinc based for environmentally sensitive applications). With an annual production capacity of nearly 60,000 tons and over 160 employees, the company serves industries including automotive, construction, health/medical, packaging, and cables.

Differentiator

Problem solved

Functional benefit

Brands

• Sunfleks DOTP: Non-phthalate plasticizer (Dioctyl Terephthalate) for PVC processing, paints, coatings and adhesives.
• Versafleks DOP
• Med-X DOP
• Optafleks TOTM
• Optafleks Polymeric 50
• Optafleks DOA
• Inafleks DINP
• ASMIX
• ASSAFE
• Plastay Compounds

Products and services

• Versafleks DOP Bis(2-Ethylhexyl) Phthalate (DOP/DEHP) general-purpose plasticizer for PVC processing, coatings, adhesives, and rubber segments. Known for its good stability to heat and ultraviolet light.
• Sunfleks DOTP Bis(2-Ethylhexyl) Terephthalate (DOTP/DEHT) non-phthalate general-purpose plasticizer for PVC processing, also used in paints, coatings, and adhesives. Offers excellent flexibility and is an ortho phthalate-free alternative.
• Med-X DOP Medical-grade Bis(2-Ethylhexyl) Phthalate designed specifically for use in medical devices, primarily blood bags. Has extremely low 2-Ethyl Hexanol content (<10 ppm) for medical safety requirements.
• Optafleks TOTM Tris(2-ethylhexyl) trimellitate (TOTM/TEHTM) PVC plasticizer for applications requiring low volatility, primarily used in interior automotive, cable, and wire insulation applications.
• Optafleks Polymeric 50 Neopentyl Glycol Adipate polymeric ester acting as a specialty plasticizer in PVC processing with low migration properties. Also used in paints, coatings, adhesives, and rubber segments.
• Optafleks DOA Bis(2-ethylhexyl) Adipate (DOA/DEHA) specialty plasticizer with excellent low-temperature flexibility, high efficiency, and phthalate-free composition for sensitive applications like toys and food contact materials.
• Inafleks DINP Bis(Isononyl) Phthalate (DINP) versatile general-purpose plasticizer suitable for PVC processing, coatings, and rubber segments. Offers cost-effective performance with wider cold-temperature flexibility values.
• Plastay Compounds High-quality PVC compounds available in soft and rigid formulations, as well as specialized solutions with enhanced properties including low-temperature flexibility, UV resistance, and flame-retardant features. Served applications include cables, profiles, pipes, shoe soles, gaskets, flooring, and technical parts.
• ASMIX Lead-based PVC stabilizer range engineered for high performance in demanding industrial applications. Known for superior heat stability, processability, and cost efficiency, commonly used in rigid PVC products such as pipes, profiles, and construction materials.
• ASSAFE Calcium-zinc based PVC stabilizer series offering an environmentally friendly alternative to traditional heavy metal stabilizers. Provides excellent thermal stability, weather resistance, and color retention while meeting RoHS and REACH environmental regulations.

Named customers2 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• BASF: Global chemical major with a broad plasticizer portfolio (Palatinol/OPP range including DEHP, DINP, DOTP) and PVC additives. Directly competes with Plastay in plasticizers while also serving as a benchmark for scale and R&D capability.
• Evonik Industries: Sells plasticizers and specialty additives for PVC under brands such as ELATUR and VESTINOL. Competes with Plastay in plasticizers and PVC additives globally.
• LG Chem: Diversified chemicals producer with significant plasticizer and PVC additive capacity in Asia, competing with Plastay in DOTP and DINP for export markets.
• Nan Ya Plastics: Major Taiwanese petrochemical producer with plasticizer and PVC additives operations. Competes with Plastay in DOTP and DINP for global PVC processors.

Direct peers

• Eastman Chemical Company: Produces Eastman 168 DOTP (non-phthalate plasticizer) and other plasticizers to global PVC markets. Directly comparable to Plastay's Sunfleks DOTP and broader plasticizer range.
• UPC Technology (UPC Group): Thailand-based petrochemical producer with one of the largest plasticizer capacities in Asia, including DOTP, DINP, and specialty plasticizers. Directly comparable in scale and product mix to Plastay.
• Adeka Corporation: Specialty chemical manufacturer producing PVC stabilizers (both lead-based and Ca-Zn systems) and other PVC additives. Directly comparable to Plastay's ASMIX and ASSAFE stabilizer portfolio.
• Baerlocher: Specializes in PVC heat stabilizers including Ca-Zn and other metal-based systems, serving global PVC processors. Directly competes with Plastay's stabilizer lines.
• Songwon Industrial: South Korean specialty chemical manufacturer producing PVC stabilizers and other polymer additives. Closely comparable to Plastay's PVC additives franchise.

Emerging players

• KLJ Group: India-based plasticizer manufacturer with significant phthalate and non-phthalate capacity, exporting to similar markets as Plastay. Comparable in scale and emerging market orientation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Plastay Kimya