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Aliaga cracker to be brought on-stream by Petkim

March 20/2018

MOSCOW (MRC) -- Petkim, part of SOCAR, is in plans to restart its naphtha cracker following an unplanned shutdown, according to Apic-online.

A Polymerupdate source in Turkey informed that the cracker is likely to resume production by this weekend. The cracker was shut owing to a technical glitch on March 9, 2018.

Located at Aliaga in Turkey, the cracker has an ethylene production capacity of 585,000 mt/year and propylene production capacity of 240,000 mt/year.

As MRC reported previously, in May 2016, Azerbaijans state-owned energy company SOCAR sold 2.75 percent of its stake in Turkey's petrochemical giant Petkim to a foreign investment fund. Turkeys Public Disclosure Platform (KAP) reports that this stake was sold for 147 million liras (USD51 million).
Author:Margaret Volkova
Tags:PP, PE, propylene, ethylene, Socar, Azerbaijan, Turkey.
Category:General News
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