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Contractor of polyethylene plant project in Azerbaijan to be revealed soon

Economy Materials 2 December 2015 16:26 (UTC +04:00)
An EPC-contractor for the construction of a polyethylene plant in Azerbaijan within the framework of SOCAR Polymer project will be determined by late 2015
Contractor of polyethylene plant project in Azerbaijan to be revealed soon

Baku, Azerbaijan, Dec. 2

By Maksim Tsurkov - Trend:

An EPC-contractor for the construction of a polyethylene plant in Azerbaijan within the framework of SOCAR Polymer project will be determined by late 2015, the general manager of the project Farid Jafarov told reporters Dec.2.

"We will officially announce the winner of the tender until the end of the year," he said. "An EPC-contract with the contractor will be signed with the guarantee on a "turnkey" on the same conditions as the contract for the polypropylene plant."

Jafarov did not mention the number of companies, which participated in the tender.

SOCAR Polymer's project is being implemented at the Sumgait Chemical Industrial Park. The project will allow producing 180,000 tons of polypropylene and 120,000 tons of polyethylene a year.

It is expected to start the production of polypropylene in 2016, and the production of polyethylene in 2017. The main part of the products is to be sent to the markets in Turkey and Western Europe.

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