BAKU, Azerbaijan, May 10. The total amount of petrochemical products sales by Petkim petrochemical complex of Azerbaijan’s state oil company SOCAR in Turkey stood at $267 million in the first quarter of 2022, as compared to $208 million in the same period in 2021, Trend reports via SOCAR Turkey.
As such, Petkim’s sales rose by 28.4 percent year-on-year.
The table below shows the breakdown of petrochemical products sales by Petkim:
Products |
Q1 2022 (million USD) |
Q1 2021 (million USD) |
Change (%) |
Thermoplastics |
301 |
276 |
9.05 |
Fiber |
67 |
57 |
17.54 |
Aromatics |
75 |
61 |
23 |
Other |
102 |
74 |
37.8 |
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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