ALCO LLC, a resident of the Sumgayit Chemical Industrial Park under the Economic Zones Development Agency (EZIA), has started exporting lubricants to European countries - Spain, Bosnia and Herzegovina, Report informs, citing the EZIA.
The company sent 5,000 tons of products to those countries.
ALCO LLC was registered as a Sumgayit Chemical Industrial Park resident in 2016. The company manufactures various types of lubricants and antifreeze based on German and Italian technology in the territory of the Industrial Park. The manufactured products are exported to about 30 countries under the "Made in Azerbaijan" brand. One hundred fifty people have been provided with permanent jobs in the enterprise with an investment value of $15 million.