# 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.

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

## Companies

- [Petkim](https://endata.com/companies/16078.md)
- [SOCAR Turkey](https://endata.com/companies/82131.md)

## Sources

- [reuters.com](https://www.reuters.com/markets/commodities/socar-turkey-invest-7-billion-new-polyolefin-facilities-2025-01-06/), 2025-01-06: "SOCAR Turkey plans to spend around $7 billion on establishing several new polyolefin production facilities to expand capacity at its Petkim unit."

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