Iran to inaugurate petrochemical units

Oil&Gas Materials 26 March 2019 13:53 (UTC +04:00)

Tehran, Iran, March 26


Iran plans to launch numerous new petrochemical units and refineries in the new Iranian year (started March 21, 2019) to reach the targets of the Sixth Development Plan(2016-2021), Trend reports via IRNA.

Many petrochemical units were inaugurated last year and they will become operational this year. Among them are - Marjan and Pardis petrochemical complexes, first stage of Damavand Petrochemical plant and Kaveh Methanol Complex.

Also, Iranian Oil Minister Bijan Zangeneh has promised to inaugurate the first phases of Bushehr and Ilam petrochemical factories, alongside launching Sabalan Methanol project, Lordegan Ammonia and Urea plant, Miandoab Petrochemical Company and Bid Boland Gas Refinery.

The third phase of Pardis Petrochemical plant, inaugurated by Iranian President Hassan Rouhani last year (started March 21, 2018) alongside Marjan Petrochemical, that is considered the biggest ammonia and urea producer in the Middle East that would export some 2.5 million tons of urea to European countries, Argentina, Brazil and South America.

Meanwhile, Damavand Petrochemical Plant is providing feed to 24 petrochemical plants, as well as electricity to Bushehr ,Marjan,Mehr, Kavian,Morvarid, Takht-e-Jamshid petrochemical companies .

Kaveh Methanol Complex would have considerable share in production in the future. The project production capacity is 7,000 tons per day, while the complex is located near sea and have special docks for exports.

Meanwhile, Vali Maleki, Iranian parliament's Mine and Industry Commission's speaker, has recently said that the forecasts see petrochemical products exports reaching some $12 billion, while their domestic sale will rise to $9 billion.