Products of Turkish petrochemical complex Petkim can enter Azerbaijani market
Azerbaijan, Baku, March 16 / Trend , E. Ismayilov /
SOCAR (State Oil Company of Azerbaijan) considers opportunities of selling petrochemical products produced by large Turkish petrochemical complex Petkim at the Azerbaijani market, the head SOCAR representative office in Turkey Seymur Agayev said. SOCAR is co-owner of the complex Petkim.
According to Agayev, the majority of products produced by Petkim, is sold in the local market of Turkey, and part is exported. "At the same time we keep under the control of nearest markets and defined share of production is exported. In particular, at present marketing research of the nearest countries, including Azerbaijan is underway," Agayev said.
He said currently the products produced Petkim, covers about 25 percent of the Turkish market. Sale of the products at the local market allows winning on the practical absence of logistics costs
In particular, a presentation ceremony of the new logo Petkim with elements of the Azerbaijani flag was held.
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 by alliance SOCAR/Turcas/Injaz will provide an opportunity to decrease 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.
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