The assets of Petkim grew 17% in 2014 from TRL 3.25bn to TRL 3.79bn. The company’s production export to 45 countries made $563.5m.
Company’s general director Sadraddin Gorgud spoke about the effect of oil price drop on the company: “The drop in oil prices and TRL exchange rate to dollar influenced the refining and petrochemical sectors. In this period the right resources management is important. By means of the new investments the producing power has grown 13%”, he said.
All the same, Petkim plans to complete construction of the wind power plans to ensure the complex’s needs in electric power. Once the first phase of the station is launched, 12% of Petkim’s electric power needs will be ensured from this source.
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