New residents in Sumgait Chemical Industrial Park
6 April,2023 11:48

In accordance with the industrialization policy realized in our country, the creation of new industrial areas in the Sumgait Chemical Industrial Park, the organization of new competitive and export-oriented product production, and the attraction of investors to the Industrial Park are being continued.

 

In Sumgait Chemical Industrial Park under the management of the Economic Zones Development Agency (EZIA), 3 business entities were granted residency status, thus the number of residents of the Industrial Park reached 35.

 

The new resident "Az-Kom Servis" LLC will produce SN 150, SN 350 and SN 500 brand base oil, as well as bitumen and diesel fuel as a result of waste oil recycling in the territory of the Industrial Park.

 

“Neo Project” LLC, another resident of Sumgait Chemical Industrial Park, will build an enterprise that will produce composite (fiberglass) fittings and mesh of various sizes in the Industrial Park.

 

"Sakuraz Green Energy" LLC, another resident of the Industrial Park, will implement the "Recovery of Lithium batteries" project.

 

Products produced by "Sakuraz Green Energy" LLC and "Neo Project" LLC are expected to be realized in domestic and foreign markets. The products produced at "Az-Kom Servis" LLC will be directed to meet the demand of the domestic market.