Wednesday, June 04, 2008

Turcas plans to invest US$3 bln in newly acquired Petkim

Turkish energy company Turcas plans to invest US$3 bln over the next five years in petrochemicals company Petkim, in which it has recently acquired a 51% stake. The Azerbaijani-Turkish consortium has formally acquired the majority shares of Turkey's Petrochemical Holding Co.

For more details on Turcas plans to invest US$3 bln in newly acquired Petkim click here

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