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18.01.2016 16:51

PASHA Holding invests $25 mln. in "SOCAR Polymer" project

"PASHA Holding" holds 10% share in "SOCAR Polymer" project and now it invested around $25 mln. in this project, Managing Director of "PASHA Holding" Mirjamal Pashayev said in an interview to "The Business Year", APA-Economics reported.

We have invested around $25 million in this project. We made this exception because the project was intriguing from many different points of view. It will be interesting to see how the completed project will enter the market as commodity prices fluctuate. We are happy that SOCAR brought other local large business groups to participate as well. We have a 10% interest in this project, said Pashayev.

The project coordination and planning was carried out at a very advanced level, to the credit of SOCAR, he added.

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