# Tecnimont and Socar Polymer sign $180M EPC contract for polyethylene plant in Azerbaijan

Tecnimont and Kinetics Technology, subsidiaries of Maire Tecnimont, signed an EPC contract with Socar Polymer for a 120,000 t/yr polyethylene plant at the Sumgayit Petrochemical Complex in Baku, Azerbaijan. The contract is valued at around $180 million.

- Type: Contract
- Announced: 2018-10-14
- Where: Sumgayit Petrochemical Complex, Baku, Azerbaijan
- Value: $180.0M
- Status: announced
- Capacity: 120,000 t/yr
- Products: polyethylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Maire Tecnimont](https://endata.com/companies/8164.md)
- [Kinetics Technology](https://endata.com/companies/34869.md)
- [SOCAR-Polymer](https://endata.com/companies/19564.md) (customer)

## Sources

- [tritonconsulting.com](https://tritonconsulting.com/news/view?language=en&url=tecnimont_and_socar_polymer_sign_epc_contract_for_polyethylene_plant_in_azerbaijan), 2018-10-14: "This result confirms the group’s distinctive competences in the polyolefins sector and its capabilities in implementing relevant EPC projects in its historical core business."

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