21 December 2010 10:01 [Source: ICIS news]
MOSCOW (ICIS)--The State Oil Company of Azerbaijan Republic (SOCAR) plans to increase the country's polymer production capacities, it said on Tuesday.
Polyethylene (PE) capacity at ?xml:namespace>
Polypropylene (PP) capacity would also rise, from 200,000 tonnes/year to 320,000 tonnes/year. SOCAR did not disclose further details of the plans.
After taking over Azerikimya in April 2010, SOCAR pledged to increase Azerikimya's C2 and C3 capacities by two to three times and upgrade its existing petrochemical capacities in
SOCAR also aims to build a new refinery and a new gas processing plant in Sangachal, close to the capital
The 15m tonne/year refinery and the 40 billion cubic metres/year gas processing plant are expected to be on stream by 2019, SOCAR said.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|