Azerbaijan, Baku, December 9 / Trend /
Turkish Petkim petrochemical complex, co-founder of which is SOCAR (State Oil Company of Azerbaijan), together with the executive power of Ege Orman will lay an Alley of friendship and memory named after Nationwide Leader of Azerbaijan Heydar Aliyev in the Forj region of Izmir province of Turkey on Dec. 12, SOCAR said on Dec. 7.
Protocol on laying the alley was signed between the sides on Oct. 19. 11,000 trees will be planted on total area of 75 hectares. The territory of the alley will increase over next years, and the actions of planting trees will continue through social programs.
Formerly the Turkish Administration for Privatization approved the alliance Socar/Turcas Petrol/Injaz Projects as the winner of the tender on the sale of the 51% share of Turkish Petrochemical Holding Petkim. Turkey currently imports 70-75% of the necessary chemical products, but developing Petkim, the investment alliance SOCAR/Turcas/Injaz will provide an opportunity to increase the import up to 30%.
Petkim Petrokimya Holding is specialized in the production of plastic packages, fabric, detergents and is only producer of these goods in Turkey exporting the fourth part of the output.