Turkish petrochemicals producer PETKIM has achieved the highest production figures of 45 years in 2010. Kenan Yavuz, Executive Director of Socar & Turcas, said that Petkim started to see the positive results of its recent improvement and capacity increase investments in 2010, adding it closed the year with a progress above its expectations. "In 2010, Petkim has achieved the highest production figures of its 45-year history. The capacity utilization rate of our factories reached 98% and our production hit a record level. Our turnover is much higher than we expected and we have reached our targets in terms of profitability," he said. Yavuz noted that next 4 years would be even more successful than the 2006-2010 period for his company. The company plans to start the construction of its refinery in H1-2011 and complete the work in 2014. Founded in 1965, Turkey’s main plant complex is located in Yarimca in the northwestern province of Izmit. In 1985 on a second complex has been constructed in Aliaga in the western province of Izmir.
03-Jan-11 
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