Tekfen acquires 10% stake in SOCAR Polymer

Turkish company Tekfen Holding acquired a 10% stake in SOCAR Polymer, with 5% from SOCAR and 5% from Pasha Holding. SOCAR Polymer operates a complex in Azerbaijan producing polypropylene and high-density polyethylene, with total investment of about $816 million.

“A document was signed at the company's head office on the acquisition of a part of SOCAR Polymer’s shares by Turkish company Tekfen.”erp.alba.az

• 1 source
• erp.alba.azTekfen acquired a 10% stake in SOCAR Polymer ABC.AZDec 16, 2019

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