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Glassica CJSC to invest $26 million in Sumgait Chemical Industrial Park

Post Time:Apr 24,2023Classify:Company NewsView:1045

Azerbaijan’s Glassica CJSC, a resident of Sumgayit Chemical Industrial Park under the management of the Economic Zones Development Agency (EZDA), will build a second factory for the production of glass products with an investment of AZN 44.4 million (USD 26 million) on 2 hectares in the Industrial Park.

According to Corporate Director Emil Asgarov, the annual production capacity of the enterprise is of 60-90 million various coloured glass bottles. The production capacity of the new plant will be three times higher than the capacity of the current one.

At present Glassica CJSC provides permanent jobs for 140 people. Since the beginning of the enterprise, more than three million bottles have been produced.

The company became resident of the Sumgayit Chemical Industrial Park in 2020.

Source: glassonlineAuthor: shangyi

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