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Sumgait-based petrochemical plants will be reconstructed

04 June 2009 16:12 (UTC +04:00)

Baku. Rashad Suleymanov - APA-Economics. The construction of a modern petrochemical complex in Sumgait will not be delayed due to the global financial crisis, said Suleyman Vezirov, head of Azerkimya state-owned petrochemicals maker

According to him, the concept and feasibility study of the project has already been prepared.

â€œThis will be the largest project in this sector in Azerbaijan after oil projects. Most time-consuming time of the project has been completed and we are currently at the stage of design,â€ he noted.

In the first phase of the project it is planned to build 19 petrochemical plants, as well as a plant with a capacity of 1 million tons for the production of fertilizers.

The technical consultant is Franceâ€™s Technip and feasibility study developer is the United Statesâ€™ Nexant.

The complex will be equipped with facilities for cleaning of raw materials, production of ammonia and urea, olefins, polyolefins, and the other petrochemical products, as well as the installation of steam cracking plants.