SOCAR TURKEY RESEARCH DEVELOPMENT AND INNOVATION JOINT STOCK COMPANY

SOCAR TURKEY RESEARCH DEVELOPMENT AND INNOVATION JOINT STOCK COMPANY Company Profile:

SOCAR TURKEY RESEARCH DEVELOPMENT AND INNOVATION JOINT STOCK COMPANY is the dedicated research, development, and innovation arm of SOCAR Turkey. SOCAR Turkey is a significant energy and petrochemicals group in Turkey, being the largest direct foreign investor in the country. This company focuses on developing new technologies, improving processes, and fostering innovation across the diverse operations of SOCAR Turkey, which include major assets such as the STAR Refinery, the Petkim petrochemical complex, and the TANAP natural gas pipeline, as well as various other energy and logistics investments. Its primary objective is to enhance efficiency, sustainability, and competitive advantage for the SOCAR Turkey group through scientific and technological advancements relevant to its core businesses.

Factory or Trader:

It is neither a factory nor a trader in the traditional sense. It functions as a research, development, and innovation center, providing specialized services and expertise to support the manufacturing and industrial operations of the broader SOCAR Turkey group.

SOCAR Turkey R&D primarily focuses on research and development activities within the petrochemical, refining, and energy sectors. It doesn't directly manufacture or sell products to the end consumer. Its work supports the improvement and innovation of products and processes within other SOCAR Turkey companies. Therefore, it is not a product producing company, but an R&D center.