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President Ilham Aliyev has laid foundation of a new plant

18.01.2021,17:16


January 18, Fineko/abc.az. President Ilham Aliyev has taken part in several events in the Sumgayit Chemical Industry Park.

ABC.AZ reports that the head of state attended a groundbreaking ceremony for the Azersulfat LLC sulfuric acid production plant.

The investment cost of the plant to be built under the “production of sulfuric acid” project of Azersulfat LLC is $6 million. The plant is expected to produce 20,000 tons of acid a year. The plant, which will start operating at the end of this year, will create more than 30 jobs.

The head of state laid the foundation of the enterprise.

It was noted that 5,000-10,000 tons of sulfuric acid were imported to Azerbaijan annually in the last three years alone, and the launch of this plant will help to replace imports with local production. The sulfuric acid will also be exported to Georgia and Russia at further stages.