6/2/2008

Socar-Turcas-Injaz consortium promises to invest $3bln in 5 years

The New Anatolian - Socar-Turcas-Injaz consortium that took over the 51 pct shares of Petrochemical Holding Co. (Petkim) on Friday, promised to invest at least 3 billion USD more in the next 5 years. Socar-Turcas-Injaz plans to set up an oil refinery in Ceyhan town, an energy hub in southern Turkey, head of the consortium told reporters at the takeover ceremony.
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