BANGALORE, INDIA--January 14, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--SOCAR & Turcas Refining AS (STRAS) (Istanbul, Turkey), a wholly owned subsidiary of SOCAR & Turcas Energy AS (STEAS) (Istanbul), is progressing with development plans for its $3.5 billion refinery project at the Aliaga complex of Turkish petrochemical manufacturer Petkim Petrokimya Holding AS (IST:PETKM) (Izmir, Turkey) in the Aegean port city of Izmir. The firm is expediting developmental activities following approval of its environmental impact assessment (EIA) report granted by the Turkish Ministry of Environment and Forestry in November last year. Other companies featured: Turcas Petrol AS (IST:TRCAS), Turkish Petroleum Refineries Company (IST:TUPRS)
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