7 new petchem projects to come on stream

TEHRAN, Mar. 12 (MNA) – An NPC official, while pointing to operation of six new petrochemical projects in the present Iranian year, said seven more plans will be inaugurated in the coming year (to begin March 21).

Director of Production Control in Iran's National Petrochemical Company (NPC) Alimohammad Bosaghzadeh recounted on major plans in the Iranian petrochemical industry for the next Iranian calendar year saying “since March 20, 2016, a total of six new plans officially became operational.”

“Sulfuric acid unit of Urmia Petrochemical Plant, low-density and heavy linear polyethylene of Mahabad and Lorestan complexes, urea and ammonia units of Shiraz Petrochemical Company, Phase 2 of Karoon complex as well as Persepolis Petrochemicals came on stream in the present year,” stressed the official asserting that the new projects had added a total of 3.1 million tons to the country’s output capacity for petrochemical and polymer products.

Bosaghzadeh also noted that at least seven new projects will become operational in the first half of the next Iranian calendar year adding “as such, low-density polyethylene unit of Kurdistan with an annual production capacity of 300 thousand tons, Phase 3 of Pardis Petrochemical Company with an output capacity of 1.755 million tons of urea and ammonia as well as Kaveh Methanol Petrochemicals with a capacity of 4.365 million tons per year will start working.”

“Moreover, four more new projects will be also implemented including ethylene glycol unit of Morvarid Petrochemical Company with an annual output capacity of 550 thousand tons, expansion polystyrene unit of Entekhab Petrochemical complex with a capacity of 250 thousand tons, Pars Persepolis Petrochemical plant as well as Phase 2 of Kavian Petrochemical Company with a capacity of one million tons of ethylene per year.”

Iran’s is now capable of producing about 62 million tons of petrochemical and polymer products per year though the figure is expected to hit over 120 million tons once the new projects begin operation.


News Code 124170


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