Technip Italy to participate in chemical plant’s modernization in Azerbaijan (PHOTO)
Baku, Azerbaijan, March 9
By Maksim Tsurkov - Trend:
The AzeriKimya Production Union of the State Oil Company of Azerbaijan (SOCAR) has signed a contract with Technip Italy, said SOCAR's website.
The contract envisages conducting detailed designing and providing services to support supplies as part of the project for reconstruction of the ethylene-polyethylene plant in Sumgait.
The signing ceremony was attended by SOCAR President Rovnag Abdullayev, Italy's ambassador to Azerbaijan Giampaolo Cutillo and CEO of Technip Italy Marco Villa.
SOCAR's president noted that processing installations will be modernized and the new ones will be constructed as part of the plant's reconstruction.
This will make it possible to increase the production facilities at Azerikimya, ensure the supply of raw materials to polyethylene and polypropylene production installations and to meet the demand in the country, said Abdullayev.
It will also increase the country's export potential, enhance the security of the technological process and the quality of raw materials and finished products, he added.
Abdullayev noted that the design and construction work will be carried out in stages until 2019.
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