SOCAR Turkey plans $7B polyolefin investment at Petkim

SOCAR Turkey plans to invest around $7 billion to establish several new polyolefin production facilities at its Petkim unit in Turkey. A FEED study will be prepared in 2025-2026 with $50 million initial investment, and a final investment decision is expected by end of 2026.

“SOCAR Turkey plans to spend around $7 billion on establishing several new polyolefin production facilities to expand capacity at its Petkim unit.”reuters.com

• 1 source
• reuters.comSOCAR Turkey to invest $7 billion in new polyolefin facilities | ReutersJan 6, 2025

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