Energy Allied in talks to invest USD 2bn in Turkey.

By bne IntelliNews July 27, 2012
Economy Minister Zafer Caglayan announced that the Houston-based chemicals producer Energy Allied International considers launching USD 2bn worth investment project in Turkey in order to produce chemicals from coal. On a related note, Mike Nassar, CEO and head of Energy Allied, announced that they currently conduct talks with local authorities to invest in Turkey. Please note that Caglayan said in April that he had a meeting with officials from Energy Allied and the energy company was considering USD 2bn worth investment in the Turkish city of Manisa.

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