BAKU, Azerbaijan, January 21. In 2024, the SOCAR Carbamide Plant achieved a production output of 652,339 tons of carbamide, Azerbaijan’s state oil company SOCAR told Trend.
“Currently, the plant’s storage facilities hold almost 74,507 tons of carbamide, comprising nearly 50,761 tons in bulk and more than 23,746 tons in packaged form,” said the company.
SOCAR noted that since its inauguration, the plant has produced 2,288,990 tons of carbamide.
The Carbamide Plant, located in Sumgait, officially commenced operations on January 16, 2019. The project was executed by South Korea’s Samsung Engineering in collaboration with global leaders in technology and engineering. The plant’s ammonia production technology was supplied by Denmark’s Haldor Topsoe, while Dutch firm Stamicarbon BV provided carbamide production technology. Finland’s Neste Engineering Solutions offered project management consulting and independent inspection services.
During the peak construction period, over 3,600 workers were involved, completing more than 18 million man-hours of work without accidents—an exemplary safety record.
At the time of its commissioning by SOCAR, the plant represented the largest investment in Azerbaijan’s non-oil sector. The project was initially funded through the state budget, with additional financial support from major international banks. The Export-Import Bank of South Korea (KEXIM), along with Société Générale (France), Deutsche Bank (Germany), and UniCredit (Austria), provided loans totaling 500 million euros under state guarantees. SOCAR also allocated 100 million euros to cover taxes, duties, and related expenses.
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