Erdogan Secures $550 Million Financing for Ceyhan Petrochemical Plant
- Erdogan says financing secured for Turkish petrochemical plant
- $550 mln financing from Washington-based institution
- Plant located in Ceyhan on Turkey's Mediterranean coast
- Erdogan previously discussed joint petrochemical steps with Algerian President
- Turkish conglomerate Ronesans said investment revised to $1.7 billion
- Around $1 billion to be financed by loans