Jan. 9 (Bloomberg) -- Erdal Aksoy and Saffet Batu Aksoy resigned from the executive board of Petkim Petrokimya Holding AS, Turkey’s biggest chemicals maker controlled by Socar & Turcas Enerji AS, Petkim said in a statement to the Istanbul Stock Exchange today.
Turcas Petrol AS, a Turkish fuel retailer owned by Aksoy Holding AS, sold its 25 percent stake in Socar & Turcas Enerji to the State Oil Co. of Azerbaijan, known as Socar, on Dec. 30. Turcas also bought 18.5 percent of Socar & Turcas Rafineri AS from Socar & Turcas Enerji, as part of a plan to shift its business from petrochemicals to fuel retailing and refining.
To contact the reporter on this story: Aydan Eksin in Istanbul at email@example.com
To contact the editor responsible for this story: Shaji Mathew at firstname.lastname@example.org