Petkim Petrokimya Holdings AS (IBSE:PETKM) is planning to make an acquisition. The company is talks on buying a stake in Star Refinery AS, Executive Director of Petkim, Anar Mammadov stated. The official added that negotiations on this issue continue, and one cannot say anything specific until they are completed. Earlier reports stated that Board of Directors of Petkim gave permission to start negotiations for the purchase of 12% to14% stake of Rafineri Holding A.S. from SOCAR Turkey Enerji A.S., which will make it possible for Petkim to become the owner of 7% to 9% share in Star Refinery.