July 04, 2014 15:09
Investments in SOCAR-Polimer to total $335 mln
BAKU. July 4 (Interfax) - Investments in LLC SOCAR-Polimer, a subsidiary of the State Oil Company of the Azerbaijan Republic (SOCAR), will total $335 million, the Sumgait Chemical Industrial Park, of which SOCAR-Polimer is a resident, told Interfax.
SOCAR-Polimer will begin building a plant to produce various types of propathene by end-2014.
"The plant's construction will continue over the course of two years," a representative of the industrial park said.
The plant will produce various types of propathene and propathene products for use in everyday life, as well as in the consumer goods industry, medical inventory, construction, agriculture, automotive and electrical engineering.
(Our editorial staff can be reached at email@example.com)
May 28, 2016
Slain Armenian family's successors seek 450,000 euro compensation from Russia
Calls on Rome to solve sanctions problem with Russia should continue - Forte dei Marmi mayor
St. Petersburg policeman gets suspended sentence for beating pastor
Kyiv reaffirms loyalty to West by appointing Rasmussen as presidential advisor - political analyst Pavlovsky
Kyiv lifts sanctions on 29 foreign journalists, including Russia's - Poroshenko's decree
Italian man becomes new Vatican ambassador to Russia
Syrian troops to attack terrorist positions with support from Russian Aerospace Forces - Syrian ambassador to Russia
Eight "A" doping samples of Russian athletes from London Olympics test positive (Part 2)
Eight "A" doping samples of Russian athletes from London Olympics test positive
IOC NOTIFIES ROC OF POSITIVE RESULTS OF TESTS ON EIGHT "A" SAMPLES TAKEN FROM RUSSIAN ATHLETES DURING LONDON OLYMPICS - RUSSIAN OLYMPIC COMMITTEE'S STATEMENT
Control over Raqqa freed from terrorists must be handed over to Syrian authorities - Kosachyov (Part 2)
No significant risk of Zika virus spread during Rio Olympics - Rospotrebandzor chief
Control over Raqqa freed from terrorists must be handed over to Syrian authorities - Kosachyov