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Azerbaijan, Italy Forge Agreement For Eco-Friendly Pyrolysis Oil Project
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, October 4. Azerbaijan's
state-owned Azerbaijan Investment Company OJSC, SOCAR Downstream
Management LLC, a subsidiary of the State Oil Company of Azerbaijan
(SOCAR), and Italy's TechnipEnergies S.p.A. have signed a joint
agreement to implement a pyrolysis oil production project, the
nation's Minister of Economy and SOCAR Supervisory Board Chairman
Mikayil Jabbarov wrote on his X page, Trend reports.
He noted that executing the green project worth 97 million euro, will significantly enhance waste recycling, improve industrial production, and reduce carbon emissions.
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