# SOCAR Polymer plans to expand capacity at Sumgayit plant

SOCAR Polymer LLC plans to sell products worth $350 million annually from its plants at the Sumgayit Chemical Industrial Park. The production capacity at the first stage will be 120,000 tons of polyethylene and 180,000 tons of polypropylene, with total capacity potentially reaching 570,000 tons by 2021. Total investment costs are $816 million.

- Type: Expansion
- Announced: 2018-10-05
- Where: Sumgayit Chemical Industrial Park, Azerbaijan
- Value: $816.0M
- Starts operating: 2021
- Status: announced
- Capacity: 120,000 tons of polyethylene and 180,000 tons of polypropylene initially; up to 570,000 tons total by 2021
- Products: polyethylene, polypropylene
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SOCAR-Polymer](https://endata.com/companies/19564.md)

## Sources

- [today.az](http://www.today.az/news/business/174543.html), 2018-10-05: "SOCAR Polymer LLC plans to sell products worth $350 million annually."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.