According to preliminary plans, SOCAR Polymer plants will produce 184 000 t of 10 varieties of polypropylene and 120 000 t of 4 high-density polyethylene varieties. During the operation period, the plants are expected to bring $6.6 billion revenues, 30 percent of which will be the company's net profit. In addition, SOCAR Polymer is expected to pay a total of US$600 million taxes to the state.
Laura Dean
Deputy Editor
Laura joined Palladian Publications in January 2018 after completing her Masters at the University of Edinburgh. Before taking over the reins of Oilfield Technology in May 2019, Laura also worked as the Assistant Editor of Hydrocarbon Engineering.
In her spare time, Laura enjoys travelling, reading and baking.
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