10 April 2012 16:42 [Source: ICIS news]
MOSCOW (ICIS)--The State Oil Company of Azerbaijan Republic (SOCAR) plans to build a urea plant in neighbouring Georgia, the company said on Tuesday.
The plant would have a capacity of 700,000 tonnes/year, SOCAR CEO Rovnag Abdullayev said.
The facility would export urea to Turkey and other Black Sea markets, he said. SOCAR did not reveal the project’s estimated cost and timeframe.
Earlier this year, the company said it plans to build a 700,000 tonne/year urea plant in Sumgait, Azerbaijan, near the premises of its petrochemical subsidiary, Azerikimya.
Currently, the Azerikimya facilities can produce 200,000 tonnes/year of PE and about 200,000 tonnes/year of PP.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections