Economy

SOCAR Polymer project to complete in second quarter of 2018

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The work on implementation of the SOCAR Polymer project in Azerbaijan`s Sumgait city has been completed by 97 percent, head of SOCAR Polymer company`s planning department Vugar Aslanov said.

He added that the work is planned to be completed in the second quarter of 2018.

“At the initial stage, about 70-71 thousand tons of polypropylene will be produced this year while from the next year the plant is planned to produce 180,000 tons of polypropylene per year,” he added.

SOCAR Polymer is the first public-private partnership in Azerbaijan’s oil and gas sector. The company is a resident of the Sumgait Chemical Industry Park (SCIP).

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