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SOCAR Polymer increases export revenue by 30%
Energy
- 29 January, 2021
- 09:51
In 2020, SOCAR Polymer LLC exported products worth $102.1 million, Report informs, citing the January issue of Export Review.
According to the publication, this is an increase of 23.6 million US dollars or 30.06% than in the same period of 2019.
SOCAR Polymer's Polypropylene Plant produces polypropylene with an annual production capacity of 184,000 tons. The plant was inaugurated on July 18, 2018, with the participation of President of Azerbaijan Ilham Aliyev and President of Italy Sergio Mattarella. Exports of polypropylene began on October 5 of the same year.
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