Petkim to be closed for repairs next year


December 1, Fineko/ Turkey-based petrochemical complex SOCAR Petkim will be suspended for scheduled repairs next year.

ABC.AZ reports that SOCAR Turkey's head of oil refining and petrochemistry and Petkim CEO Anar Mammadov sated about this.

He added that the repair work will be carried out in the 2nd half of 2021.

Mammadov stressed that the integration of Petkim into the STAR refinery is ongoing, this process has already been completed on management issues, but in the IT sector (including digitalization) the process is still underway.

According to Mammadov, as part of the work on the integration of enterprises, annual savings of $35-40 million have already been achieved.