BAKU, Azerbaijan, May 10. Thanks to the uninterrupted high-quality feedstock procurement from STAR Refinery, Petkim petrochemical complex of Azerbaijan’s state oil company SOCAR generated 710,000 tons of gross production and ethylene capacity utilization rate was 91 percent in Q122, Trend reports with reference to SOCAR Turkey.
The table below shows Petkim’s production performance in the first three months of 2022:
|
Products |
Q1 2022 (tons) |
Q1 2021 (tons) |
Change (%) |
|
Ethylene |
132,000 |
145,000 |
-8.9 |
|
Thermoplastics |
160,000 |
181,000 |
-11.6 |
|
Fiber |
60,000 |
58,000 |
3.4 |
|
Aromatics |
104,000 |
100,000 |
4 |
|
Other |
254,000 |
331,000 |
-23.3 |
Petkim is the first and the sole integrated petrochemical facility in Turkey. It is the largest exporter in the Aegean region. Petkim’s production capacity is 3.6 million tons per year. The petrochemical complex produces around 60 different types of products and exports to 78 countries. The complex meets about 20 percent of Turkey’s demand for petrochemical products.
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