# 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.

- Type: Investment
- Announced: 2025-01-06
- Where: Aliağa, Izmir, Türkiye
- Value: $7.00B
- Status: announced
- Products: polyolefins
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SOCAR](https://endata.com/companies/7439.md)
- [Petkim](https://endata.com/companies/16078.md) (partner)

## Sources

- [dailysabah.com](https://www.dailysabah.com/business/energy/socar-plans-7b-investment-in-new-polyolefin-facilities-in-turkiye), 2025-01-06: "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."

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