SOCAR Polymer's polypropylene and HDPE plants expected to be fully operational in 2018

16-Jan-17

SOCAR Polymer, the first public-private partnership in Azerbaijan’s oil and gas sector, is expected to be fully operational in 2018, as per AzerNews’ staff journalist. At an investment outlay estimated at US$750 mln, the project is being implemented in the Sumgait Chemical Industrial Park (SCIP) of Azerbaijan, and will comprise polypropylene and high density polyethylene plants. The construction of plants, which are carried out strictly on schedule, is currently on track. . The production capacity will be 120,000 tons of polyethylene and 180,000 tons of polypropylene at the initial stage. The total capacity is planned to reach 570,000 tons by 2021.