BAKU, Azerbaijan, May 6
By Matanat Nasibova – Trend:
Azerbaijan’s Cahan Pen LLC company, a plastic pipes manufacturer, will significantly increase production volume in 2020, a source in the company told Trend.
Since the beginning of 2020, the company increased production volume up to 15 percent, and plans to at least double these volumes in the second half of the year, the source added.
“The company plans to export its products by the end of 2020. Russia's market is considered as the primary market, and later it is planned to supply products to a number of Commonwealth Independent States (CIS). The year envisages the expansion of the production line, including varieties of fiberglass pipes. In the second half of this year, it is planned to develop several types of these industrial products, for which there is a great market demand,” said the source.
Cahan Pen LLC is part of Cahan Holding group of companies, which has been operating in Azerbaijan since 1995.
The company operates in three main areas, particularly in the production of plastic pipes and their components, radiators and roofing systems, as well as facade coatings.
In 2007, the company began to manufacture its own products under the Magna brand.
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