CEO of Maku Free Zone said: Pardis of Azerbaijan to construct a Petrochemical unit in Poldasht
CEO of Maku
Free Zone Organization informed about the construction of Azerbaijani petrochemical
complex in Poldasht. According to Public Relations of Maku Free Zone, Hossein
Froozan, CEO of Maku free zone, referring to potentials of this project and that
it could revolutionize the future of this region announced: This complex is
capable of producing methanol out of natural gas and changing it into
propylene, ethylene, polypropylene, ethylene glycol and its other derivatives.
He added: This complex is able to produce 400 thousand
tons of polypropylene, more than 250 thousand tons of ethylene and changing it
into more than 400 thousand tons polypropylene and 400 thousand tons ethylene
glycol in a year.
referring to the many uses of these products in different industrial areas
stated: Polypropylene does not have an alternative and can replace many of the
polymeric materials and this creates high added value and prevents the sale of
polypropylene and ethylene as crude materials.
Managing Director of Maku Free Zone, top advantages of this plan as well as closer
target markets will create sustainable job vacancies in the free zone. Proximity
to the source of raw materials, access to the international road and rail and
the creation of direct and indirect employment chances for about 14 thousand
people, are some of the benefits that the project will have. Chairman of Maku free zone organization on initial measures of the
construction of this complex said: Now the problem of land and water allocation
for this project has been solved and we are lobbying for the allocation of gas
and we hope that given the importance of this project to the economy of the
region and the country, this problem also will be resolved as soon as possible.
He also stated:
On the first phase of this project 500 million dollars and on the
final phase 3 billion dollars will be invested.