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flag Azerbaijan partners with Technip Energies in a €97m plastic waste pyrolysis project, processing 36,000 tons annually.

flag Azerbaijan has partnered with Technip Energies S.p.A. to establish a €97 million project for producing pyrolysis oil from plastic waste. flag A joint venture will be formed, with shares distributed among the Azerbaijan Investment Company (30%), Technip (35%), and SOCAR (35%). flag The facility, located in Sumgayit Chemical Industrial Park, aims to process 36,000 tons of plastic waste annually, generating 23,000 tons of oil while improving waste recycling and reducing emissions.

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