Iran to launch two petchem plants by March
Kaveh Petrochemicals Plant and the first phase of Bushehr petrochemicals facility are scheduled to go on stream by the end of the current Iranian year (March 20).
Kaveh Methanol Plant has been precommissioned and is being prepared for official inauguration by March, said director of projects at the National Petrochemical Company (NPC), Shana reported.
Ali Mohammad Bosaqzadeh said that Kaveh Petrochemicals Plant is the biggest methanol production facility in the world with 7,000 tons per day of production capacity.
The official further added that the first phase of Bushehr Petrochemicals Plant was also scheduled to come online by March 20, expressing that the project included methanol, ethane recovery and gas sweetening units.
He said NPC was seeking to launch projects which will supply valueadded products in the downstream sector.
“The petrochemicals industry has proved that difficult conditions could not adversely affect its development,” the official added.
The NPC also announced on Saturday that the country has exported 40.5 million tons of petrochemical products worth $8.946 billion in the first nine months of the current Iranian year (March 21-December 21, 2018).
A total of 20 petrochemical complexes in Mahshar region, in Southern Iran, produced 14.369 million tons of products during the period.
Earlier in mid-october 2018, Iran started mass production and exports of 13 new polymer products to the Asian and European states.
Iran’s Jam Petrochemical Plant started production of 13 strategic olefin and polyethylene grades in October.
The plant has successfully produced five propylene and polyethylene grades whose production.