BAKU, Azerbaijan, October 12
By Jeila Aliyeva - Trend:
COVID-19 pandemic despite its numerous holdbacks had some positive effects for the Turkmen Il Ogly HK Company, which produces polypropylene fabric, belts along with polypropylene fibrillated sewing stitches, the representative of the company told Trend.
“Pandemic had a positive impact on our volumes because other competing nations have stopped production during COVID-19,” he added.
Furthermore, he noted, that the company’s supply chain and delivery lead time have been negatively affected.
“Slow movement of goods and qualified technicians in and out of Turkmenistan has not benefited anyone,” he said, in terms of COVID-19 negative effects.
Overall the company supplies its products to factories that manufacture ready-to-use sacks and big bags and its annual production capacity is 600 metric tons.
As reported, Turkmenistan increased the production of polypropylene by 40.5 percent, and polyethylene by 40 percent from January through July 2020, compared to the same period in 2019.
The physical volume of manufactured polypropylene was 71,100 tons, and polyethylene equaled 137,400 tons.
This growth in production was due to The Kiyanly Gas Chemical Complex in Turkmenistan’s Balkan region, the construction of which was carried out under a contract of Turkmenistan’s Turkmengas State Concern with a consortium of companies like Hyundai Engineering Go.Ltd, LG International Corp (Republic of Korea), and Toyo Engineering Corp (Japan).
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