SOCAR intends to unite Petkim and Star

SOCAR intends to unite Petkim and Star
  • Clock-gray 13:56
  • calendar-gray 08 February 2021

Petrochemical Complex of Petkim (of which main share belongs to SOCAR) in Turkey and Star Refinery can be fully combined within a few years, said head of "SOCAR-Turkey Refining and Petrochemical Department" and Director-General of Petkim Anar Mammadov, APA-Economics reports citing Bloomberg.

According to him, integration between two institutions from the production point of view has already been obtained, despite it, they are two separate companies legally: "However, our last target is the combination of Petkim with Star."

Emil Ismayilov

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