Why Petkim ?
The idea of establishing a petrochemical industry in Turkey was adopted in 1962, which was the beginning of the I. Five Year Development Plan period. Petkim Petrokimya Holding A.Ş. was established on April 3, 1965 under the leadership of TPAO, following the studies and evaluations performed.
The new company initially established the other plants after Yarımca Petrochemical Complex in 1970. It was decided to establish the second complex of Petkim in Aliağa through the III. Five Year Development Plan period. Aliağa Complex, has advanced technology and optimum capacity, came into operation in 1985.
Demand of petrochemical products especially thermoplastics rising at least two times of world average. Ratio of the plastic demand rising speed to national income is much more then world average.
Privatization tender of 51% of the public shares of PETKİM through block sale method, handed over to SOCAR&Turcas Petrochemical with 2.040.000.000-USD payment in 30.06.2008.
Petkim, one of the most popular corporations in our country, is indispensable raw-material producer of the industry with its product range of more than 50 products. Its petrochemical products are important input of construction, electricity, electronic, packaging, textile also medical, dying, detergent and cosmetic sectors.
Petkim maintain to add value to our national economy and happen to source of pride by respecting people and environment-friendly production technology on the other hand contributing to our cultural, social, economic life besides performing 3,2 million tons of gross production annually.
Turcas Petrol A.S., which had a 25% stake in our Company's 51% indirect controlling stakeholder SOCAR Turkey Enerji AŞ (STEAŞ), sold all of its share to State Oil Company of Azerbaijan Republic (SOCAR) on December 30, 2011 and consequently, SOCAR’s share in STEAŞ totaled to 99,99%.