BAKU: 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.
Source: Trend News Agency