Loading…

ENDATA · Copyright (c) 2026 Endata · Data: CEPII BACI (Etalab 2.0), Federal Reserve G.17, U.S. BLS, Eurostat, World Bank (CC BY 4.0), GLEIF, SEC EDGAR; announcements summarized from the linked sourcesProspects Companies Sectors Announcements Countries

HOME BRIEF PROSPECTS SECTORS ANNOUNCEMENTS COMPANIES COUNTRIES

>

INDUSTRIAL MARKET INTELLIGENCE

ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

SOCAR plans $7B investment in polyolefin facilities in Türkiye · Endata

◂ Announcements

Jan 6, 2025INVESTMENTAliağa, Izmir, Türkiye

SOCAR plans $7B investment in polyolefin facilities in Türkiye

SOCAR announced plans for a $7 billion investment to establish new polyolefin production facilities at its Petkim unit in Aliağa, Izmir, Türkiye. A FEED study will be prepared in 2025-2026, with a final investment decision expected by end of 2026.

Value

$7.00B

Status

Announced

Productspolyolefins

CompaniesSOCAR Petkim partner

Sectors#Plastics and Polymers #Specialty Chemicals

“Azerbaijan's state-owned energy giant SOCAR on Monday announced plans for an additional $7 billion investment aimed at reducing Türkiye's reliance on imported petrochemical products.”dailysabah.com

1 source
dailysabah.comSOCAR plans $7B investment in new polyolefin facilities in Türkiye | Daily SabahDaily SabahJan 6, 2025

Summarized from public sources; check the original articles before acting on it.

More from SOCAR

Oct 27, 2026CONTRACTAliağa, Türkiye
Petkim licenses Univation's UNIPOL process for PE complex
Univation Technologies supplier SOCAR investor gapuma.com
Jan 4, 2021CONTRACTBaku, Azerbaijan
Babcock Valves supplies high pressure motorized gate valves to SOCAR's Heydar Aliyev refinery
Babcock Valves supplier SOCAR customer babcockvalves.com
Dec 16, 2019ACQUISITIONBaku, Azerbaijan, Azerbaijan
Tekfen acquires 10% stake in SOCAR Polymer
Tekfen acquirer SOCAR partner erp.alba.az
Nov 8, 2019EXPANSIONAzerbaijan$816.0Mops 2023
SOCAR Polymer to reach full HDPE capacity by 2023
SOCAR-Polymer SOCAR investor azernews.az
Mar 20, 2018CONTRACTSumqayit, near Baku, Azerbaijan
AMECO completes first stage commissioning of portal reclaimer for SOCAR urea plant
SOCAR customer AMECO supplier ameco-group.com
Apr 18, 2017NEW FACILITYSumgait Chemical Industrial Park, Azerbaijan$32.0M
SOCAR Polymer plans new BOPP film plant in Sumgait, Azerbaijan for $32M
SOCAR-Polymer SOCAR partner polyestertime.com

Similar announcements

Jan 6, 2025INVESTMENTTurkey, Türkiye$7.00B
SOCAR Turkey plans $7B polyolefin investment at Petkim
Petkim SOCAR Turkey reuters.com
Nov 5, 2026INVESTMENTCamden, South Carolina, United States$60.0M
INVISTA to reconfigure Camden nylon 6,6 plant for resin production
Invista globalpu.net
Nov 4, 2026INVESTMENTEssen, Germany$57.2M
Evonik invests €52 million to expand silicone platform in Essen
Evonik polymerupdate.com
Nov 2, 2026INVESTMENTUnited States$375.0M
Eastman secures reinstated $375 million DOE award for polyester recycling
Eastman Chemical sunshinescrap.com
Nov 2, 2026ACQUISITIONIzmir, Türkiye$59.0M
Hexpol acquires 80% of Symplast for €54 million
Hexpol acquirer Symplast target advantisconseils.com dealorigination.de
Oct 13, 2026INVESTMENTSt. Charles, Illinois, United States$30.0M
Cube Packaging invests $30M to expand St. Charles, Illinois plant
CuBE Packaging Solutions Kent Road Capital investor packagingdive.com