Tag Archives | petkim

Petkim plans hail better future for Turkey petrochemicals

With a stable and fast-growing economy which held up well during the downturn, Turkey should already have a burgeoning chemical sector. But the country has been running a huge polymer deficit for many years thanks to decades of underinvestment in the country’s national champion, Petkim.  But since successful privatization, Petkim has made bold plans to […]

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Turkey’s Petkim seeks partners for petrochemicals expansion

My colleague, Anna Jagger, attended a conference in Vienna, Austria, last week. There she learned that Turkey’s Petkim is seeking partners for a major petrochemicals expansion at its complex near Izmir in western Turkey. Petkim – the country’s main petrochemical major - has suffered decades of underinvestment resulting in a huge polymer deficit in Turkey. The […]

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Turkey in the doldrums

According to today’s Wall Street Journal, Turkey’s economy shrank by 13.8% in the first quarter of 2009 compared to last year. This is an astonishing performance and is bound to have had a negative impact on demand for chemical products.Turkey has, historically, had a large polymer deficit and relies heavily on imports. With the long-delayed […]

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