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BP may build a world-class petrochemical complex in Turkey, BP has signed an agreement with Socar Turkey, a Turkish subsidiary of Azerbaijan National Oil Company (Socar), to build a world-class petrochemical complex in Turkey
.
The facility, which will be built in the Aliaga region of western Turkey, will produce 1.
25 million tons of purified terephthalic acid per year and may be operational
in 2023.
The two companies have signed a framework agreement to design the
facility before making a final investment decision in 2019.