ALCO LLC has exported over 90 percent of its production

Positive dynamics are being observed in the production and export of products by ALCO LLC, a resident of the Sumgait Chemical Industrial Park (SCIP), which is managed by the Economic Zones Development Agency (EZDA). For instance, while the plant produced nearly 83 million AZN worth of products in the first 9 months of 2023, this figure increased by over 27% to 105.5 million AZN in the same period of 2024.

EZDA reported to AZERTAC that exports in the first 9 months of the current year increased by approximately 26% compared to the same period last year. Products manufactured at the plant are exported under the "Made in Azerbaijan" brand to more than 40 countries worldwide. The enterprise, with an investment value of $15 million, has now created 178 permanent jobs.

It should be noted that ALCO LLC is engaged in the production of lubricating oils and fluids, as well as chemical additives, within the territory of the Sumgait Chemical Industrial Park.