Operations against Gulen movement underway in Petkim holding
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Operations against the movement of Fethullah Gulen are underway in Turkey’s Petkim petrochemical holding, the Anadolu Agency reported on August 2.
Twenty-seven people were dismissed from various departments at Petkim holding (SOCAR’s Turkish asset), said Vagif Aliyev, chief of the SOCAR Investment Department, Chairman of Board of Management, SOCAR Turkey Energy on July 28.
Petkim is a sole manufacturer of plastic packages, fabrics, detergents, and other petrochemical products in Turkey. The complex exports quarter of its products to foreign markets. The share of the Azerbaijani state company SOCAR in Petkim is 48.64 percent.
Petkim's net profit amounted to 639.2 million liras ($225.7 million) in 2015 which is an increase of 14 percent compared to 2014 year. The authorized capital of Petkim increased to 1.5 billion liras ($530 billion).
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