Goldman Sachs to Buy Stake in Petlim Container Port in Turkey

ISTANBUL--July 23, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Petrochemicals company Petkim (BIST:PETKM) (Izmir, Turkey), a subsidiary of Azerbaijan's State Oil Company of Azerbaijan Republic (SOCAR), plans to sell a 30% stake in its Petlim Container Port in Turkey for $250 million to Goldman Sachs (NYSE:GS) (New York, New York).

Within this article: Information regarding plans to develop Petlim container port in Turkey.