Petkim Petrokimya Holding

Petkim Petrokimya Holding A.S. is a petrochemicals company whose headquarters and production complex are located in Aliaga, Izmir. The company's majority shareholder is SOCAR Turkey Enerji A.S., part of Azerbaijan's state oil company SOCAR; its shares have traded on Borsa Istanbul under the ticker PETKM since 1990.

By processing petroleum derivatives such as naphtha, Petkim produces basic chemicals such as ethylene and propylene, as well as plastic and textile raw materials such as PVC, low- and high-density polyethylene, polypropylene and PTA. These products are used in the packaging, construction, automotive, agriculture and textile sectors. Its affiliates include Rafineri Holding, linked to the STAR Refinery in the same area, and an engineering plastics company.

For petrochemical stocks, the spread between naphtha and product prices, global oversupply, demand in Asia and Europe, energy costs and exchange rates are the key variables followed. The PETKM stock page on Lzzo.com includes a price chart, a technical analysis section and the option to compare it with chemical-sector stocks.