The SOCAR Polymer LLC, a subsidiary of Azerbaijan’s state oil company, will reach full capacity in the production of high-density polyethylene in 2023. According to the updated government forecasts, by the end of 2019, 48,200 tons of high density polyethylene and 110,000 tons of polypropylene will have been produced at the company’s plants. Meanwhile, the…
Azerbaijan’s Carbamide Plant is going not only to improve productivity in the agriculture sector of the country, but also to become one of the main suppliers of fertilizers worldwide. Azerbaijan exported 33,970 tons of carbamide worth $5.4 million in the first half of 2019. All exports accounted for the second quarter of this year. The…
SOCAR Carbamide plant has started exporting its products. The first batch with the first Azerbaijani carbamide has been sent from the Hovsan International Port on two vessels – “Phobus” and “Coral”. The authors of the transportation project are the SOCAR Marketing and Operations Department and the Caspian EPC Company, who also regulate and control the…
Enterprises of Uzkimyosanoat JSC manufactured marketable products in the amount of 1.636.8 trillion soums ($193.736 million) in January-March, up by 20.6% YoY. Chemical enterprises produced 334,960 tons of mineral fertilizers, including 252,170 tons of nitrogen fertilizers, 37,770 tons of phosphate fertilizers and 45,020 of tons potash fertilizers. During the reporting period, 1,276.5 million tons of…
About 100,000 tons of high-density polyethylene will have been produced by the end of 2019, Director General of SOCAR Polymer LLC Farid Jafarov announced. Jafarov noted that the plant for the high-density polyethylene production would reach its design capacity within the next two months. As for polypropylene, Jafarov said that its production volume by the…
Uzbekkhimmash, a subsidiary of Uzbekneftegaz, will direct more than $23 million to a foundry modernization project with construction of a new foundry. The government of Uzbekistan has recently approved main parameters of a feasibility study on this investment project. The new foundry’s annual capacity will be 4,000 tons of casting, of which about 500 tons…
Agrokoncernas, a business group owned by Ramunas Karbauskis, leader of the ruling Lithuanian Farmers and Greens Union, has pledged to stop buying fertilizers from Russia company Minudobreniya as its key shareholder Arkady Rotenberg is subject to international sanctions. Agrokoncernas imports fertilizers from Minudobreniya via an intermediary in Dubai, although the company does not disclose, which…