Mehr Petrochemical Complex starts production

TEHRAN, May 23 (MNA) – The Mehr Petrochemical Complex in Assaluyeh has become operational, the National Petrochemical Company managing director said here on Saturday.

SHANA quoted Adel Nejad-Salim as saying, “The Mehr Petrochemical Complex is one of NPC’s major projects implemented through a $230 million joint venture by the domestic private sector and foreign investors.” 

 

The complex has been projected to produce high density polyethylene in Pars Special Economic Energy Zone in Assaluyeh.

 

The high density polyethylene project of Pars Special Economic Energy Zone is the first investment by Japanese companies in Iran’s petrochemical industry in the past 24 years.

 

A consortium which is comprised of Iran’s RAMPCO and Japan’s Mitsui companies implemented the plan that includes the construction of a 300-ton high density polyethylene plant.

 

MF/MG/MRK

END

MNA

News Code 33918

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