PETKİM Petrokimya Holding A.Ş.

INFORMATION

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 decided to establish Yarımca Petrochemical Complex and started up the Ethylene, Chlorine Alkali, VCM, PVC, and LDPE plants in 1970.

        The establishment stage of the Yarımca Petrochemical Complex was completed after the commissioning of CB, Styrene, PS, BDX, SBR, CBR, DDB and Caprolactam plants between the years 1972 and 1976.

        Due to the rapidly growing domestic demand Yarımca Complex had started to become insufficient to meet the increasing demand although the production capacities of the most of the plants that exist in Yarımca Complex were expanded by 100 %.

The establishment of second complex of  Petkim at Aliağa was agreed during the III. Five Year Development Plan period. In Aliağa Complex, the plants which do not exist at Yarımca such as Aromatics, HDPE, PP, PA, PTA, ACN and EO/EG and the plants which exist at Yarımca but being insufficient in capacities such as Ethylene, LDPE, Chlorine Alkali, VCM and PVC, were established with highly advanced Technologies and optimum capacities of those days and start-ups were realized progressively starting from the year 1985. The capacities of the plants in Aliağa complex were increased with the first phase expansion and modernization investments that realized between 1989 and 1993.

In paralel to the developments in the world, the petrochemical industry in Turkey experienced the most prosperous period between 1987-1990. However, it was dragged into crisis together with the world petrochemical industry starting from the year 1991. After the second half of 1994, the positive developments in the world petrochemical industry influenced the Turkish petrochemical industry in a posititive way.  

Most of the plants in Yarımca Complex were closed in the period 1993-1995 because they had completed their economic lives and had lost their competitiveness. Petkim transferred Yarımca Complex with its 5 plants ( SBR, CBR, CB, BDX, PS) in operating position to TÜPRAŞ on November 1, 2001.

Petkim’s production and sale activities at the high levels continued also in the year 2003 as in the past years. However, high feedstok prices and low product prices resulting from conjuncture, negatively affected also Petkim’s profitability as seen in all petrochemical companies.

        The Board of Directors of Petkim decided to close Çanakkale Plastic Processing Plant as of 01.11.2003 and to transfer the equipment which could be used in Aliağa Complex to Aliağa.According to this desicion, the plant was  closed down on 01.11.2003 and transfer of the equipment to Aliağa Complex was completed.

        Domestic supply of petrochemical products in Turkey does not increase as fast as domestic demand. In order to meet the rapidly grpwing demand, Petkim realizes expansion and modernization investments that increase its capacities significiantly. The second phase investment period in Aliağa complex that started in 2004. Total investment cost of the second phase is about 400 milllion $, and some of the projects  were completed. With the completion second phase investments saleable production amount of Petkim will rise to over 1.6 million tons/year.

        In the branch of industry which has intensive technology and open to any development such as petrochemical industry, Petkim has one of the more important Research Centers in Türkiye in order to support technological developments.

        Petkim Total Quality Management implementations was aimed to generalize. For this purpose Strategic Management and Performance Management studies was accelerated.

        Petkim that is consious of importance of sustainable development, not only carrying out legal requirements, but also aims to be found in enterprises which will continuously improve environmental performance.