Turkey’s Privatization Administration President: We see unexpectedly significant development in Petkim

Turkey’s Privatization Administration President: We see unexpectedly significant development in Petkim
# 21 May 2009 14:04 (UTC +04:00)
Baku. Rashad Suleymanov - APA-Economics. Petkim Holding, the largest petrochemical firm in Turkey, has achieved significant performance since privatization in 2008, said Metin Kilci, President of Turkey’s Privatization Administration.

“We hope that investment in Petkim will further increase with the active participation of SOCAR. Petkim will be able to strengthen its position on world markets,” he added.


According to him, The SOCAR-Turcas-Injaz alliance (Azerbaijan-Turkey-Saudi Arabia), the owner of a 51% stake in Petkim Holding, takes important steps towards the development of Petkim.

“We see unexpectedly significant development in Petkim’ he noted.
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