(trend) -- SOCAR plans by 2014 to launch polypropylene and low density polyethylene production, SOCAR head Rovnag Abdullayev told reporters.
"Currently, the design work is being carried out as part of creation of shops for the production of polypropylene and low density polyethylene," said Abdullayev. He said the new facility will allow SOCAR to provide raw material to new chemical industrial park to be established in Sumgayit.
"The company is now working with the Ministry of Economic Development of Azerbaijan on a project to create a new park," said the SOCAR head. In particular, SOCAR has been working to clean up territory which is on the balance of the Azerkimya production association, set aside for the park.
Upon the completion of this work, the area will be transferred to the Economic Development Ministry. Small enterprises for the production of the final chemical products will be created in this area.
The purpose of the chemical park is development of small chemistry, in particular the production of the final chemical products ranging from packaging to plastics.
The placement of the new park on the territory of the production association is appropriate in terms of proximity to major chemical companies so that these small enterprises will be able to partially or completely use products manufactured by enterprises that are part of Azerkimya. Smaller enterprises will also be able to purchase raw materials, both in the new complex on the oil and gas processing and production of petrochemical products and import products or technologies needed for them.