The AzeriKimya Production Union of the State Oil Company of Azerbaijan (SOCAR) has signed two contracts with Technip Italy Nov. 5, as part of the project for modernization and reconstruction of the ethylene-polyethylene plant in Sumgayit.
The engineering, procurement and construction (EPC) contract envisages work on the design, supplies, construction, setup, testing and commissioning of new facilities, equipment and infrastructure.
The AzeriKimya Production Union has also signed a contract for the provision of consulting services in project management (PMC) with SOCAR-KBR.
In March 2016, the AzeriKimya Production Union signed a contract with Technip Italy on conducting detailed designing and providing services to support supplies as part of the project for reconstruction of the ethylene-polyethylene plant in Sumgait.
During the signing ceremony, SOCAR's President Rovnag Abdullayev noted that processing installations will be modernized and the new ones will be constructed as part of the plant's reconstruction.
This will make it possible to increase the production facilities at Azerikimya, ensure the supply of raw materials to polyethylene and polypropylene production installations and to meet the demand in the country, he said.
It will also increase the country's export potential, enhance the security of the technological process and the quality of raw materials and finished products, noted the SOCAR president.
Follow us on Twitter @AzerNewsAz