Axar.az
UP
21 May 2018


SOCAR Polymer signed a cooperation agreement

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

President of the State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev and Chairman of the Management Board of Gazprombank Andrey Akimov have signed an agreement on cooperation in the framework of St. Petersburg International Economic Forum (SPIEF). Accorrding to the press service of Gazprombank, the agreement provides the development and delivery of a member of the Gazprombank Group - "Cryogenmash" PJSC nitrogen unit for a joint project with GPB construction of SOCAR Polymer plants for production of polypropylene and high density polyethylene.

The installation will provide for demand of SOCAR Polymer for high-purity nitrogen gas within the project.

Nitrogen production plant of "Cryogenmash" PJSC is based on the most advanced technical and engineering solutions in the industry, thereby reducing capital costs and provide a more cost-effective modes of operation as compared to the equipment of the leading foreign companies.

"This agreement is an example of strategic partnership and cooperation between Gazprombank Group and Group of Companies SOCAR", said President of SOCAR Rovnag Abdullayev.

Date
2016.06.17 / 19:19
Author
Axar.az
Comments
See also

Germany expresses support for Nord Stream-2 project

Canada's Trudeau says feeling positive about NAFTA talks

EAEU, Iran sign provisional deal to create free trade zone

Soros' open foundations ends to operations in Hungary

IMF: Azerbaijan's economy grew by 4% last year

Modern tourism industry to appear in Azerbaijan

TANAP project to enter into service in June

Tesla to launch in Turkey this year: CEO

Iran markets new oil brand amid sanctions threat

Alibaba beats sales forecasts on strong commerce growth

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla