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Breakdown of petchem sales by SOCAR’s petrochemical complex in Turkey

Oil&Gas Materials 10 May 2022 12:14 (UTC +04:00)
Breakdown of petchem sales by SOCAR’s petrochemical complex in Turkey
Laman Zeynalova
Laman Zeynalova
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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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