A+

A-

Russian Himtek Engineering to build chemical plant in Azerbaijan's Sumgayit

30 July 2024 18:33

The Economic Zones Development Agency (İZİA) of Azerbaijan has signed a memorandum of understanding with Russian Himtek Engineering OJSC.

The document was signed by Chairman of İZİA Seymur Adigozalov and General Director of Himtek Engineering Sergey Lugovskoy, Caliber.Az reports, citing the Ministry of Economy.

"On the territory of Sumgayit Chemical-Industrial Park it is planned to implement the project of Himtek Engineering OJSC production of chemical products. In case of implementation of the project worth $100 million, 100 permanent jobs will be created at the enterprise," the information says.

According to the ministry, the annual production capacity of the enterprise will be 15 thousand tonnes. It is planned to export manufactured products to Russia in addition to their sale in the Azerbaijani market.

Caliber.Az

Views: 438

Liked the story? Share it on social media!

Ссылка скопирована

Tesla hits brakes on Cybertruck production amid slowing sales

2690

18 April 2025 21:32

Israel reiterates pledge not to allow Iran obtain nuclear weapons

2453

18 April 2025 21:08

China expands digital edge with over 4.39 million 5G base stations

2401

18 April 2025 21:44

SpaceX to assist Uzbekistan in launching national satellite

2314

18 April 2025 21:56

MP: Ukraine faces major legal overhaul to implement US mineral deal

2311

18 April 2025 21:20

Russian MFA welcomes normalization efforts between Armenia, Türkiye

2205

18 April 2025 21:02

Archaeologists uncover ancient skeletons at former Debenhams site in UK

2107

18 April 2025 23:12

Azerbaijani president tours Sea Breeze as iconic resort emerges as economic powerhouse PHOTO

2104

18 April 2025 20:58

Lithuania, Poland enhance military infrastructure to secure Suwałki Gap land corridor

2068

18 April 2025 20:56

Goodbye US, hello Europe: Why more Americans making such move

1814

19 April 2025 01:10

ECONOMICS

The most important news of economy in Azerbaijan

Development of transport infrastructure forms building block of Azerbaijan's investment policy Deputy minister attends OECD forum

ECONOMICS

10 April 2025 19:58

Russian Himtek Engineering to build chemical plant in Azerbaijan's Sumgayit

Tesla hits brakes on Cybertruck production amid slowing sales

Israel reiterates pledge not to allow Iran obtain nuclear weapons

China expands digital edge with over 4.39 million 5G base stations

SpaceX to assist Uzbekistan in launching national satellite

MP: Ukraine faces major legal overhaul to implement US mineral deal

Russian MFA welcomes normalization efforts between Armenia, Türkiye

Archaeologists uncover ancient skeletons at former Debenhams site in UK

Azerbaijani president tours Sea Breeze as iconic resort emerges as economic powerhouse PHOTO

Lithuania, Poland enhance military infrastructure to secure Suwałki Gap land corridor

Goodbye US, hello Europe: Why more Americans making such move

Azerbaijan, Albania light way with "Nur" gasification project in Korça

Azerbaijan’s aluminium production, exports show modest growth in Q1 2025

Azerbaijan increases expenditures on national security, defence

Azerbaijan allocates over $477 million for reconstruction of liberated lands in Q1 2025

Azerbaijan, Russia discuss future of real estate cadastre partnership

Baku to host international conference on financial security

Azerbaijan’s Horadiz-Aghband railway nears halfway mark, boosting regional connectivity PHOTO

Azerbaijan, China sign multiple cooperation agreements at Beijing conference

Azerbaijan, Uzbekistan discuss strengthening economic ties Over a video call

Slovenian FM: Visit to Azerbaijan could be a turning point for regional development

Azerbaijani, Slovenian companies sign trade agreement

China-Azerbaijan investment conference kicks off in Beijing

Organization overseeing Middle Corridor transport route could soon be headed by Azerbaijani delegate

Official: Zangezur Corridor to open new global trade routes for Azerbaijan

Baku, Beijing ink deal to boost trade, launch investment platform PHOTO

Alat–Osmanli–Astara railway overhaul underway to boost Azerbaijan’s transport network

Azerbaijan Airlines unveils ambitious plan to revamp fleet with Airbus, Boeing

Azerbaijan negotiates new transport route with Israel to expand international network

Azerbaijan, Russia explore deeper economic cooperation in spatial data, cadastre systems Photo

Dutch company ING forecasts 5.1% inflation in Azerbaijan for 2026

Azerbaijan, New Zealand set sights on tax collaboration PHOTO

Azerbaijan projects robust defence spending through 2029 amid regional security shifts

Azerbaijan, Slovenia eye deeper trade ties at upcoming business forum

Azerbaijani entrepreneurs to attend international industry fair in Uzbekistan

Energy crossroads: Azerbaijan looks West and green at Baku ministerial meeting VIDEO BY EURONEWS

Azerbaijan’s oil-condensate output nears 7 million tons in first quarter of 2025 PHOTO

British Anglo Asian Mining sees strong Q1 2025 growth Gilar Mine Set to Ramp Up

Pakistan launches direct flights to Azerbaijan Boosting strategic relations, regional collaboration

SOCAR Green advances carbon capture technologies in Azerbaijan

Azerbaijan-Moldova economic partnership accelerates with impressive growth

Azerbaijan’s Baku to become hub for global investment talks

Reconfiguring Eurasian trade: Azerbaijan's key role in expanded Abraham Accords Article by CACI Analyst

Minister: Azerbaijan, Moldova ready for expanded economic partnership

Alat Free Economic Zone working group holds second meeting Innovation, Jobs, and Trade Growth on agenda

Azerbaijani economy minister joins key discussion on Alat Free Economic Zone projects

Development of transport infrastructure forms building block of Azerbaijan's investment policy Deputy minister attends OECD forum

Azerbaijan, Georgia holding "intense negotiations" on restoration of railway connections

Baku, Tehran forge new path with joint transport committee

European Investment Bank explores "green" bond issuance in Azerbaijan