“Carbamide plant built in Sumgayit will bring up to $ 160 mln profit to Azerbaijan annually,” director of SOCAR Carbamide plant Khayal Jafarov told reporters, APA-Economics reports.
According to him, first of all, the construction and commissioning of the plant will fulfill the demand for fertilizers in Azerbaijan.
“If $ 90-120 mln. was spent to purchase fertilizer in the past, after this, this allocation will remain in the country,” the director stated.