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Petkim to enter strategic partnership with Azerbaijan
17
Feb '09
Turkish Petrochem industry that actually originated in the year 1962 under and as the beginning of the first Five Year Development Plan by Turkish government was introduced in the country, on April 3, 1965 under the leadership of TPAO in the form of Petkim Petrokimya Holding A.S.

The history of Turkish Petrochemicals industry marks the period from 1987 to 1990 as golden era during which the sector prospered the most in parallel to the developments in the world. However, it was dragged into crisis together with the world petrochemical industry starting from the year 1991. After the second half of 1994, the positive developments in the world petrochemical industry influenced the Turkish petrochemical industry in a positive way.

In an exclusive interview with Face2Face team at Fibre2Fashion, answering one of the questions, Mr Kenan Yavuz, GM, Petkim, reveals- “The industry has started to develop in the second half of the 20th century and become one of the essentials in economy in a short time due to usage, durability, price advantages and versatility of its products, which can substitute various natural raw materials.”

He also expresses that the country, imports oil, ensures its processing, petroleum chemistry, integration of power engineering and logistics, increases competitiveness and pursues the purpose to ensure the industrialization of Turkey. From this point of view Petkim is one of five important projects in the history of industrialization of Turkey.

For a closer view on this vital sector of Turkish economy and Petkim's plans to encash the lion's share in sector, do not miss to read the exclusive interview with Mr Kenan Yavuz, in our channel Face2Face.

Fiber2fashion - News Desk, India

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