BAKU, Azerbaijan, July 2. Nun LLC was granted the status of a resident of Sumgayit Chemical-Industrial Park managed by the Agency for Development of Economic Zones under the Ministry of Economy, bringing the number of residents of the park to 39, Trend reports via the Azerbaijani Ministry of Economy.
Moreover, it is reported that the new resident is implementing a project on the production of polymer bags on the territory of the Industrial Park. The investment cost of the project is 11.2 million manats.
The enterprise, which will use the technology of Indian company Lohia Corp Ltd, is expected to produce 3,120 tons of laminated and polypropylene bags per year.
