Bank Of Baku

Azerbaijan to launch petrochemicals complex project next year

Azerbaijan to launch petrochemicals complex project next year
# 16 October 2008 10:10 (UTC +04:00)
He added that the firm will soon complete the feasibility study by late December or early January.
“The project is slated for commencement in 2009 and completion by late 2012. The complex will be located in the industrial site between Sumgait and Absheron,” he added.
He said the new high-tech petrochemcals complex will allow Azerbaijan to develop non-oil economy and produce higher-quality and more competitive oil products for export.
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