Baku 22° C
Azerbaijan plans to establish production of pyrolysis oil with investments at nearly €100 million
Industry
- 04 October, 2024
- 09:05
Add Report.az to preferred Google sources
Stay up to date with the top news!
The Azerbaijan Investment Company OJSC, SOCAR Downstream Management LLC, and Italy’s Technip Energies S.p.A. have signed a joint agreement to implement a pyrolysis oil production project, Azerbaijani Economy Minister Mikayil Jabbarov wrote on X, Report informs.
“This green initiative, with an investment volume of €97 million, will promote the efficient processing of waste, enhance industrial production, and contribute to the reduction of carbon emissions,” reads the post.
Author
Photo
Photo
Latest News
07:25
Azerbaijan revises 2027 budget revenue forecast upward
Finance
07:09
Kobakhidze highlights Middle Corridor's role as key transport route
Region
01:36
Azerbaijan MFA highlights key outcomes of 7th CICA Summit
Foreign policy
23:49
Azerbaijan publishes Medium-Term Expenditure Framework for 2027-2030
Finance
23:32
Three dead, over 3,000 rescued amid severe flooding in Istanbul
Region
22:53
US expands sanctions against Iran, targets Cuban and Iraqi banks
Other countries
22:22
Papuashvili: Foreign funding transparency protects democracy and sovereignty
Foreign policy
22:05
US crude oil inventories fall by 8.6 million barrels
Other countries
21:38
Photo
Azerbaijani weightlifter Fuad Hasanov wins three medals at European Championships
Individual sports