Bank Of Baku

New petrochemicals complex project to be built in Azerbaijan

New petrochemicals complex project to be built in Azerbaijan
# 05 September 2008 16:17 (UTC +04:00)
Baku. Rashad Suleymanov - APA-Economics. Nexant has performed feasibility study for new petrochemicals complex project, said Rza Rzayev, officer of Azerkimya state chemicals maker.
“The project will be complete by late 2012. This complex will allow developing non-oil sector through oil secto,” he added.
He said the new high-tech petrochemcals complex will allow Azerbaijan to export high-quality products.
Azerkimya exports 90% of its output to about 30 countries
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THE OPERATION IS BEING PERFORMED