OREANDA-NEWS. April 17, 2012. Chemical section of State Oil Company of Azerbaijan (SOCAR), Azerikimya industrial association keeps on upgrade of industrial capacities.  At the forum in Baku on Oil Gas Processing and Petrochemical Complex (SOCAR OGPC Forum) coming to the end, head of Azerikimya Mukhtar Babayev stated that by 2014 the Association is planning to put into operation installations on high-pressure polypropylene and polyethylene production.

" According to the plan, by 2020 Azerikimya will produce up to 165.000 tons ethylene, 200.000 tons propylene, 160.000 tons polyethylene and 160.000 tons high pressure polyethylene a year ",- M. Babayev said.

Azerikimya was incorporated in SOCAR by decree of Azerbaijani President from 2 April 2010.