Azerbaijan more than doubles revenues from polypropylene exports
Business
- 31 August, 2021
- 10:06
Add Report.az to preferred Google sources
Stay up to date with the top news!
In July 2021, Azerbaijan exported primary polypropylene worth $15 million, up 2.2-fold from the previous year, Report informs, citing the Centre for Economic Reforms Analysis and Communication.
In January-July 2021, Azerbaijan’s export of primary polypropylene amounted to $66.9 million, 43.3% more than a year earlier.
The SOCAR Polymer project includes polypropylene plants with an annual capacity of 184,000 tons and high-density polyethylene plants with a yearly capacity of 120,000 tons. The polypropylene plant was commissioned on July 18, 2018, with the participation of Azerbaijani President Ilham Aliyev and Italian President Sergio Mattarella. Export of polypropylene started on October 5.
Azərbaycan polipropilen ixracından gəlirini 2 dəfədən çox artırıb
Азербайджан увеличил доходы от экспорта полипропилена более чем в два раза
Latest News
23:54
Parviz Shahbazov: Strong political ties underpin Azerbaijan–Ukraine economic cooperation
Foreign policy
23:42
Shmyhal says Black Sea–Caspian links could open new trade and energy routes
Foreign policy
23:23
Shmyhal calls on Azerbaijani companies to help rebuild Ukraine
Foreign policy
23:18
Russia plans to return nine children to Ukraine in November, official says
Region
23:06
QatarEnergy in talks with US suppliers for long-term LNG deals
Other countries
22:48
Putin ready to help end US–Iran conflict, Rezaei says
Region
22:16
Iran's Rezaei delivers letter from Khamenei to Putin
Region
21:58
Russia and Iran sign documents on Rasht–Astara railway project
Region
21:42
Zelenskyy and Costa discuss Ukraine's EU accession and Abu Dhabi talks
Other countries