QUOTES

President of the Azerbaijan Republic quoted regarding SOCAR Polymer

From Ilham Aliyev’s closing speech at the conference dedicated to results of first year implementation of the State Program on socio-economic development of regions in 2019-202303 February 2020
At the same time, the production of finished products in the industrial sector is also on our agenda. For example, the SOCAR Polymer plant was commissioned and we are exporting polymers now. The countries we export to produce finished products from polymers and then sell them to us. Therefore, we should create clusters here ourselves and, if necessary, the state will provide support so that polymer products are manufactured in Azerbaijan and the money stays in our country. Therefore, it is necessary to pay attention to this issue as well.

https://en.president.az/articles/35706
From Ilham Aliyev’s speech at the 70th anniversary celebration of Sumgayit21 November 2019
There are 20 residents in the Sumgayit Chemical Industry Park. Investments made are estimated in billions of dollars. These include “SOCAR Polymer”, carbamide and other plants built by the state. The private sector is also showing great interest. Therefore, Sumgayit today is a modern industrial city, the second top industrial city of the South Caucasus. Sumgayit enterprises annually produce goods worth about 2 billion manats. Thus, Sumgayit will continue to develop as an industrial city.

https://en.president.az/articles/34894
A meeting on socio-economic issues chaired by Ilham Aliyev31 July 2019
In the first six months of this year, our economy has grown by 2.4 percent and the non-oil sector by 3.2 percent. The most gratifying indicator is associated with the non-oil industry whose growth constituted 15.7 percent. This indicates that our industrialization policy of recent years has been producing excellent results. The non-oil industry is progressing at a record pace. Of course, the role of large enterprises commissioned in that sector this year is quite large. As you know, the carbamide plant and the SOCAR Polymer plant have been put into operation, and their production volumes are fairly large. At the same time, necessary steps are being taken to develop small and medium-sized businesses. Therefore, the 15.7-percent growth of our non-oil industry in the first six months of the year is certainly very gratifying.

https://en.president.az/articles/33941
Launch ceremony of the PP plant constructed under the “SOCAR Polymer” project18 July 2018
“With the commissioning of the polypropylene plant to be followed by that of the polyethylene plant at the end of this year, Azerbaijan’s export potential will be significantly increased. Both plants will manufacture 300,000 tons of products annually, of which 70% will be exported to foreign markets. Thus, Azerbaijan will completely eliminate its dependence on imports and our country will have a large volume of non-oil exports. This is precisely the goal we pursue in the economic sphere and in the field of industrial production. This plant is the manifestation of the successful economic and industrial policy Azerbaijan has pursued in recent years…

The plant will largely support the development of the non-oil sector in Azerbaijan. I am sure that this plant's operation will result in thousands and perhaps even tens of thousands of new employment positions because the feedstock produced by this plant will be used to manufacture end products and Azerbaijan will also eliminate its dependence on imports of such end products.”

https://president.az/articles/29502
Ministerial meeting dedicated to the social-economic development outcomes of the 1st half of 2018 and outstanding goals08 July 2018
“As we bolster national industrial base, two large capacity manufacturing facilities will enter operations in the short run. Both are located in Sumgait and will produce polymers and carbamide, respectively. They will saturate the domestic market phasing out import dependencies, and eventually grow into competitive export earners. I can say in confidence, that the launch of these two plants will be an event of paramount importance for our industrial base for all the years since sovereignty”.

https://president.az/articles/29335
Ministerial meeting dedicated to the outcomes of the 1st quarter of 2018 and outstanding goals09 April 2018
“Two giant plants, the SOCAR Polymer and nitrogen fertilizer plants will be put into operation this year to significantly boost our industrial development.”

https://president.az/articles/27793
Conference dedicated to the 4th-year implementation results of the 2014-2018 State Program for Social and Economic Development of Azerbaijan districts29 January 2018
“This year will see very significant industrial production inaugurations. Among them, I would like to emphasize the enterprises located in the Sumgayit Chemical Industrial Park…
And this year, the launching of the SOCAR Polymer Plant and fertilizer plant is planned. These two facilities will not only fully meet the domestic demand, but also present great export opportunities. The annual cumulative export capacity of the two plants will amount to hundreds of millions of dollars. At the same time, the plants – and the SOCAR Polymer Plant in particular – will give impetus to the development of small and medium-sized enterprises, because its products will be used as feedstock for domestic production in Azerbaijan. Polymers are the products that nowadays play a role in the production of many a household item or industrial material. Therefore, the private sector should also be on the alert. As soon as the plant is launched, it should immediately be followed by setting up of local industrial production.”

https://president.az/articles/26840
At a meeting with the Sumgayit City community representatives15 December 2017
“Today, a number of production facilities are put into operation in the Sumgayit Chemical Industrial Park, while a few others enter the construction phase... As you see, within just one day seven enterprises are given impetus for secured operation in Sumgayit. If we add here the other residents of the Sumgait Chemical Industrial Park, we will see that it is indeed a huge industrial hub on a global scale.

The SOCAR Polymer and carbamide plants are currently under construction. The total investment into these two projects amounts to USD$1.7 billion. Thus, we shall both secure local production and local raw material supply, and create vast opportunities for export.”

https://en.president.az/articles/26373
Ministerial Cabinet meeting on the outcomes of the 1st quarter of 2017 and upcoming tasks10 April 2017
“I would like to draw entrepreneurs’ attention to a large project, namely, the SOCAR Polymer plant which is currently under construction at the Sumgayit Chemical Industrial Park. It is a huge industrial facility, with millions of US dollars invested into it. It will produce a useful product, which will be used both domestically and for export. However, I must emphasize that a very serious industrial sector can be created on the basis of this raw material. Now, we import almost all plastic items and ware from abroad, whereas SOCAR Polymer’s end products will create good opportunities for manufacturing ready plastic ware and items in Azerbaijan. It will be a very profitable business. Therefore, I am addressing government entities so that they explain it well to entrepreneurs that factories and plants can be established for applying SOCAR Polymer’s end product as raw material. Such developments imply creation of new jobs, more profit for entrepreneurs and better prices for our export products on foreign markets. Otherwise, SOCAR Polymer’s product will be exported only as raw material, which is good in itself, but I am sure that my advice will be heard and taken into account.”

http://en.president.az/articles/23317