Number of Sumgait Industrial Park residents has reached 21


January 23, Fineko/abc.az. A new resident, Azmonbat LLC, has been registered in the Sumgait Chemical Industrial Park. Thus, the number of residents of the Park reached 21.

ABC.AZ reports with reference to the Ministry of Economy that Azmonbat LLC will carry out recycling of lead-acid batteries in the Park using advanced technologies.

According to the project, as a result of recycling, polypropylene, polyethylene, lead plates, lead-active mass and ammonium sulfate will be obtained at the newly-created enterprise. In addition, the new company plans to create an enterprise for the production of car batteries on the territory of the Park in the future.

The company was established in April 2018 and its authorized capital is AZN 2.5 million. Company’s legal representative is Kourosh Pourhabib.