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Turkish PETKIM's exports to touch US$1bn in 2012
16 Nov '12
1 min read
Petkim Petrokimya Holding A.S. (PETKIM), the leading petrochemical company of Turkey, is likely to export goods worth US$ 1 billion during the current year, according to a report released by the company.
During the first nine months of 2012, PETKIM exported petrochemicals worth US$ 817 million, showing a growth of 29 percent compared to exports of US$ 634 million made during the corresponding period of last year.
From January to September 2012, US$ 35 million investment was made by the company.
At present, SOCAR Turkey Energy Co. – a subsidiary of the State Oil Company of Azerbaijan – holds 61.32 percent share in Turkish petrochemical sector and is actively investing in PETKIM.
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