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Azerbaijan is emerging as a player in the global chemicals market, boasting rich oil and gas resources and a strategic location between Europe and Asia. The chemicals industry plays a vital role in the country's economy, contributing significantly to GDP and providing essential products for various sectors.
The Azerbaijani government actively supports the growth of the chemicals sector through procurement programs. This includes prioritizing the purchase of locally produced chemicals for state-owned enterprises and government institutions. This initiative aims to stimulate domestic production, create jobs, and reduce reliance on imports.
The government procures a diverse range of chemicals products and services, encompassing:
Petrochemicals: Polymers, resins, fertilizers, detergents
Inorganic chemicals: Acids, alkalis, salts, industrial gases
Fine chemicals: Pharmaceuticals, paints, coatings, adhesives
Chemical equipment and services: Storage tanks, pumps, valves, maintenance
Several key authorities oversee the government's chemicals procurement activities:
Ministry of Economy (Ministry of Economy of the Republic of Azerbaijan)
State Oil Company of Azerbaijan Republic (SOCAR)
Agency for Standardization and Metrology (Azerstandart)
These entities collaborate to develop procurement policies, manage tender processes, and ensure quality and compliance with regulations.
Local and international companies are increasingly competing for government contracts, with some leading players including:
AzerKhimiya
Sumgait Chemical Industrial Park
Dow Chemical
BASF
SOCAR Polymer
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