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The projects                             product for the HDPE plant, while Inspec Ethylene
                                                                           Oxide Specialties (Ineos) one of the top ten che-
                                  Socar Polymer is a company aimed at the develop-  micals manufacturing companies as measured by
                                  ment of the petrochemical industry of Azerbaijan,   sales revenue, was chosen for the PP plant.
                                  founded by the Country’s Government on July 16 th
                                  2013.
                                  Socar Polymer’s production facilities, consisting of  Project Management Consultant (PMC)
                                  a polypropylene (PP) and a high-density polyethyl-  Fluor B.V has been awarded as Project Mana-
                                  ene (HDPE) plants, are under construction within   gement Consultant of Socar Polymer and it im-
                                  the territory of the Sumgayit  Chemical Industrial   plemented an Integrated Project Management
                                  Park (SCIP), located about 30 km north of Baku,   Team (IPMT) to jointly follow the execution and
                                  the capital and largest city of Azerbaijan.  the development of the project in each of its
                                  Created in 2011, SCIP was set up to stimulate   phases.
                                  growth in high-tech industrial fields in Azerbaijan.
                                  Its main goal is to be an accelerator of economic
                                  development of Azerbaijan by increasing competi-  Main local players involved
                                  tiveness in comparison with other regional coun-  •   Local Authorities (mainly Ministry of Emer-
                                  tries. SCIP supports innovative industrial initiatives   gency Situation);
                                  through extensive tax exemptions and provides full   •   Local Design Institute (mainly Institute Aze-
                                  infrastructure support and single point approach to   rinshaatlayihe and GosGorTexNadzor);
                                  permitting matters.                      •   Construction Contractors, including the main
                                                                               construction contractor and the local subcon-
                                   Socar Polymer’s polypropylene (PP) and      tractors.
                                   high-density polyethylene (HDPE) plants
                                  will be the first of their kind in Azerbaijan,   EPC Contractors
                                     enabling the growth of the domestic
                                   petrochemical industry, thus making the   Tecnimont SpA (Maire Tecnimont Group)
                                    Country a regional player in exporting   Tecnimont SpA has been awarded the Enginee-
                                              plastic materials            ring & Procurement (EP) contracts for both PP and
                                                                           HDPE plants. The main activities can be summa-
                                                                           rized as:
                                  Socar Polymer’s PP and HDPE plants will be the   •   engineering works / services for the whole pe-
                                  first of their kind in Azerbaijan, enabling the growth   trochemical complex;
                                  of the domestic petrochemical industry through the   •   procurement activities (namely pre-ordering,
                                  development of the plastics market, thus making   ordering and post-ordering) for all equipment,
                                  Azerbaijan a regional player in exporting plastic ma-  bulk materials, E&I and others related to the
                                  terials. Socar Polymer implemented the first project   complex.
                                  in  Azerbaijan  based  on  the  non-recourse  project
                                  financing principles, without a guarantee from the
                                  parent company. The implementation of the Socar  KT-Kinetics Technology SpA (Maire
                                  Polymer project is expected to create a multiplica-  Tecnimont Group)
                                  tion effect in many important sectors of Azerbai-
                                  jan’s economy.                           KT-Kinetics Technology SpA has been awarded the
                                                                           Engineering, Procurement and Construction (EPC)
                                                                           contracts for both PP and HDPE plants. The main
                                  Client                                   activities include:
                                  Socar Polymer is a company incorporated under   •   the localization of the whole design through
                                  the Azerbaijan Legislation as Limited Liabilities   the utilization of a Local Design Institute;
                                  Company. It is part of Socar, and its additional main   •   permitting activities for Engineering & Con-
                                  stakeholders are Pasha Holding, Azersun Holding   struction;
                                  and Gilan Holding. It aims at implementing the new   •   local procurement of project materials in ad-
                                  petrochemical industry in Azerbaijan and making   dition to local services necessary to support
                                  Azerbaijan a regional player in petrochemicals pro-  and develop the Branch Office and Site office;
                                  duction.                                 •   Field  Engineering  team  was implemented  in
                                                                               order to properly support construction team;
                                                                           •   Construction, pre-Commissioning and Com-
                                  Licensors                                    missioning execution for both PP and HDPE
                                  Lyondell Basel, the world leader and largest pro-  plants through a main subcontractor for all di-
                                  ducer of polypropylene and advance polyolefin’s   sciplines.



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