Baku, Azerbaijan, June 5
By Rufiz Hafizoglu – Trend:
The Istanbul Chamber of Industry has announced a list of 500 big industrial enterprises in Turkey.
The Chamber said in a message June 5 that Tupras refinery is leading the top-500 of big industrial enterprises in terms of net profit volume. In 2016, the refinery made a profit of 32.594 billion Turkish liras.
Ford Motor Company ranked second with a profit of 16.314 billion Turkish liras. Turkish automotive company, Tofas, completed 2016 with a net profit of 12.856 billion Turkish liras.
The Petkim petrochemical complex, a subsidiary of Azebaijan’s state oil company SOCAR in Turkey, ranked 17th with a profit of 4.153 billion Turkish liras in 2016.
Petkim produces plastic packages, fabrics, detergents, and is the sole Turkish manufacturer of such products, a quarter of which is exported.
Petkim shareholders are SOCAR Turkey Petrokimya AS (51 percent) and SOCAR Turkey Energy AS (1.32 percent), with 47.68 percent in free float.
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