SOCAR has selected production technology for a planned polyethylene complex with annual capacity of 850,000 metric tons at Petkim’s site in Aliaga, Türkiye, while a final investment decision remains pending.
The project will use UNIPOL PE technology supplied by U.S.-based Univation Technologies, a Dow company, Vesti Baku reported.
The proposed complex near Izmir would have two production lines, each with annual capacity of 425,000 tons. The combined 850,000-ton figure describes the planned facility rather than existing production.
Engineering Work to Continue Through 2027
Petkim has begun front-end engineering design, or FEED, to refine the project’s technical, commercial and economic parameters. The company has allocated $70 million for this work and plans to complete it by the end of 2027.
A final investment decision is expected only after the engineering phase is complete.
The complex is part of SOCAR’s long-term petrochemical master plan in Türkiye. The plan covers an estimated $7 billion in projects, including upgrades to existing capacity and construction of new facilities.
Petkim is Türkiye’s largest integrated petrochemical producer. SOCAR acquired a controlling stake in the company in 2008.