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SOCAR expects offers of contractors for construction of polyethylene plant

Economy Materials 2 July 2015 13:55 (UTC +04:00)

Baku, Azerbaijan, July 2

By Maksim Tsurkov - Trend:

The SOCAR company (State Oil Company of Azerbaijan) will receive the first offers on the tender to determine the EPC-contractor for the construction of polyethylene production within the framework of the SOCAR Polymer project in Sumgait Chemical Industrial Park in late July, a senior representative of the SOCAR Polymer project told Trend July 1.

"The tender process enters the stage of completion," he said. "At the end of July, we will receive the first proposals from the applicants on the EPC-contract for the polyethylene plant. The selection of the winner and the signing of the contract will take place in August-September, as planned."

Previously, the company Maire Tecnimont was chosen as EPC-contractor for the construction of the polypropylene plant within the framework of SOCAR Polymer.

SOCAR Polymer project is implemented in Sumgait Chemical Industrial Park. This project implementation will make it possible to produce 180,000 metric tons of polypropylene and 120,000 metric tons of polyethylene per year. Production of the propylene polymer is expected to begin in 2016, while the production of polyethylene - in 2017. Most of the production will be sent to markets of Turkey and countries of Western Europe.

Edited by CN

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Follow the author on Twitter: @MaksimTsurkov

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