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New resident of Sumgayit Chemical Industrial Park

Post Time:Dec 20,2014Classify:Industry NewsView:501

«AzerFloat» became a resident of Sumgayit Chemical Industrial Park, the report says Azerbaijan Ministry of Economic Development. AzerFloat became the third resident of the park. The company will build a plant for the production of flat glass.

AzerFloat will be engaged in the production of glass on the float technology. The annual production capacity is planned to 8 million square feet. meters of glass. The plant will operate 150 people. Manufactured products will not only be directed to the domestic market, but also exported.


Plant design and delivery of the necessary production equipment will provide the German «HORN Glass Industries AG».


As reported, in 2012 the Ministry of Taxes registered LLC "Sumgayit Chemical Industrial Park" with an authorized capital of 500 thousand. Manats.


Sumgayit Chemical Industrial Park was established in Azerbaijan for the formation of favorable conditions for the development of competitive industrial production of innovative and high-tech entrepreneurship support in this area, to ensure sustainable development of non-oil sector and increase employment in the manufacturing sector.


On the territory of the industrial park will be established enterprises producing competitive products (works, services), processing plants for petrochemical and other priority industries.


Currently, residents of the park are two companies. First - OOO «Azertexnolayn» built Tube Rolling Plant, started the construction of two more plants. A second resident of the park - OOO «SOCAR Polymer» has completed the import of all the equipment needed to start production. The production process is scheduled to begin in 2016.


Construction of infrastructure in the first phase of the creation of the industrial park will be completed by the end of 2015.

Source: http://www.steklosouz.ru/news/show&id=3194Author: shangyi

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