Petkim Sells Stake in Petlim Container Port to Goldman Sachs

ISTANBUL--December 23, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)---- Petrochemicals producer Petkim (BIST:PETKM) (Izmir, Turkey), the Turkish subsidiary of Azerbaijan's State Oil Company of Azerbaijan Republic (SOCAR)(Baku, Azerbaijan), has sold a 30% stake in its Petlim Container Port in Turkey for $250 million to Goldman Sachs (NYSE:GS) (New York). Within this article: Star Refinery project by SOCAR.