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SOCAR awards contract to Italy’s Maire Tecnimont for PP plant

by ChemOrbis Editorial Team -
  • 07/04/2015 (12:10)
According to a press release on the company’s website, Italy’s Maire Tecnimont S.P.A. was awarded a contract by Azerbaijan’s state oil company SOCAR in order to provide engineering, procurement and construction (EPC) services for its new polypropylene plant in Sumgayit, Azerbaijan. The transaction was realized on a lump sum basis and the estimated value was reported at €350 million ($380 million).

The plant, which will be the first polypropylene plant in Azerbaijan, is expected to have a production capacity of 180,000 tons/year.
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