AZERBAIJAN: Socar targets late 2016 commissioning for PP plant being built in Sumgayit

Socar has announced plans for a new 200,000-t/y PP plant at Sumgayit that will increase its PP capacity to 320,000 t/y, as well as an expansion of the site's polyethylene (PE) capacity to 350,000 t/y from 200,000 t/y. The PE plant will be commissioned after the start up of the PP project, the reports said.

Socar has established Socar Polymer LLC with authorized capital of USD 51-million as a new enterprise responsible for the PP and PE expansions.

Source: Weekly "PetroChemical News", Durham, NC, USA; 29 Sept 2014
(Syed Rashid Ali, Karachi, Pakistan)