Azerkimiya not affected by world financial crisis

Azerkimiya not affected by world financial crisis
# 12 August 2009 14:23 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. Azerbaijan’s Azerkimiya state-owned chemicals maker was not affected by the world financial crisis, said the company in statement.

According to the company, it has managed to retain 7 500 jobs amid the raging global economic crisis.

In addition, the company continues to enhance the production of various types of chemical products, including those exported abroad.

The company also reported that the construction of a new petrochemical complex will soon be launched, which will allow Azerbaijan to export large quantities of high-standard chemical and petrochemical products to world markets.

Azerkimiya» increased production of commercial products by 35.2% (overproduction exceeded 41% in ethylene-polyethylene and synthesis caoutchouc plants).
It exports products in more than 30 countries (Russia, Ukraine, Turkey, Greece, Holland, Latvia, etc.).
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