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Azerbaijan's Technol LLC talks plans for increasing production

Business Materials 8 April 2020 15:14 (UTC +04:00)
Azerbaijan's Technol LLC talks plans for increasing production

BAKU, Azerbaijan, April 8

By Matanat Nasibova – Trend:

Technol LLC, the largest Azerbaijani company engaged in production of engine and industrial oils, plans to significantly increase production volumes in 2020, Director of the company’s marketing department Mukhtar Mukhtarov told Trend.

According to the department’s director, the capacity of the enterprise allows to increase monthly production volumes up to 30-40 percent.

“Currently, the daily production volume of the enterprise is 140 tons, and the volume of annual production is 50,000 tons. This is a significantly high result, but we do not intend to stop here. New types of modern equipment of foreign production are installed in the company. By using this equipment, we are going to significantly increase the enterprise’s capacity,” said Mukhtarov.

“The company has also a great potential for storing industrial products in warehouses and barns. At present, 3,000 tons of finished products, 4,000 tons of raw materials, as well as 1,200 tons of auxiliary products are stored at the enterprise’s warehouses,” the director said.

He noted that the company currently produces synthetic, semi-synthetic and mineral motor oils, as well as ATF 2 D, ATF 3 D, and ATF 4 oils, which are intended for automatic transmission.

Technol is currently the first and largest enterprise in the South Caucasus region, engaged in the production of engine and industrial oils of various modifications.

Technol LLC is located in Sumgayit city, and it employs over 100 people.

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