Petkim stock: Technip wins engineering contracts. Petkim stock is valued at TRY 45.8 billion

Published on 10/24/2026 at 00:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Petkim's expansion stage carries a USD 70 million budget. Petkim stock was last at TRY 18.06 on October 23, 2026, below its TRY 28.06 52-week high.

Expansion and earnings calendar

Technip Energies secured Petkim engineering contracts on September 29, 2026, covering 1,200 kilotons of annual ethylene capacity.
Is Yatirim forecast third-quarter 2026 sales of TRY 30,933 million and net income of TRY 1,440 million on October 19, 2026.
Petkim's next results are scheduled for November 5, 2026, according to an investor calendar listing.

Petkim, TRAPETKM91E0, Illustration mit AI erstellt.

Petkim Petrokimya Holding stock (ISIN TRAPETKM91E0) is tied to a USD 70 million engineering phase for a planned petrochemical complex in Alia?a. SCI reported the project update on October 6, 2026, while Petkim's next earnings date is listed as November 5, 2026.

Engineering phase reaches USD 70 million

According to Technip Energies on September 29, 2026, the contracts cover process design, front-end engineering and technology licensing for a proposed complex. The planned facilities include an ethylene unit sized at 1,200 kilotons per year, a propylene unit at 550 kilotons, and an 850-kiloton high-density and linear low-density polyethylene complex.

SCI said on October 6, 2026, that the first stage represents a USD 70 million investment and could more than double Petkim's polymer production. The project therefore offers a capacity-growth angle, while the investment decision depends on the engineering work.

What does the forecast mean for profit?

Borsatek reported on October 19, 2026, that Is Yatirim forecast third-quarter 2026 sales of TRY 30,933 million, up 7.00 percent from the third quarter of 2025 but down 20.00 percent from the second quarter of 2026. The same forecast put net income at TRY 1,440 million, 67.00 percent below the second quarter's TRY 4,303 million.

Three milestones shaped the plan

On September 29, 2026, Technip Energies disclosed contracts covering 1,200 kilotons of annual ethylene capacity. On October 6, 2026, SCI described the USD 70 million engineering phase and the planned doubling of polymer output. On October 19, 2026, Borsatek reported the TRY 30,933 million third-quarter sales forecast and the TRY 1,440 million net income forecast.

Upcoming reporting date

Investpane lists November 5, 2026, as Petkim's next earnings date. The FEED and technology-licensing program is scheduled to run through the end of 2027, according to Global Flow Control.

Stock valuation stays measurable

Petkim was last at TRY 18.06 on Borsa Istanbul on October 23, 2026 at 6:09 p.m. EEDT, against a 52-week range of TRY 16.12 to TRY 28.06 and a market capitalization of TRY 45.8 billion. The next catalyst is the earnings release, where the forecast's margin pressure will be tested against the expansion story.