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Azerikimya intends to implement some investment projects

Oil&Gas Materials 8 February 2006 14:47 (UTC +04:00)

Azerikimya State Company works on implementation of new investment projects in 2006. The Company studies conditions and terms for implementation of the projects, Trend reports.

The Company stressed that new projects include reconstruction of the Ethylene - Polyethylene Plant, production of propylene, chlorine and hydrate of sodium, fertilizers in ecologically clean method up to international standards.

During 2006 Azerkimya will also take measures on improvement of the financial state of the enterprises of the Company, particularly, increase of salary, solution of social problems of the employees, improvement of the technical state of the production spheres.

In 2005 Azerikimya produced goods for 125.7m manats against forecasted 123.9m. Over this period the number of the employees comprised 6,943 people with average salary around 109.5 manats.

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