BAKU, Azerbaijan, June 11
By Elnur Baghishov – Trend:
Lordegan Urea Fertilizer Company (LUFC) in Chaharmahal and Bakhtiari Province (southwestern Iran) put into operation ammonia plant, said Executive Director of the company Mohsen Mahmoudi, Trend reports citing Shana news agency.
The plant will produce 677,000 tons of ammonia a year, Mahmoudi said adding intends to operate three plants for the production of urea and ammonia.
The director said that the first plant produces urea, and the second plant began to produce ammonia.
The third plant will be commissioned next month (June 21-July 21, 2020) and this plant will produce 1 million tons of urea a year, he said.
Mahmoudi added that with the full commissioning of the company's complex, 2,600 people will be employed.
The Lordegan Urea Fertilizer Company first plant produces 1,070 tons of urea a year.
Currently, Iran produces 66 million tons of petrochemical products. It is planned to increase this volume to 100 million tons by 2022 and increase its revenues from $17 billion to $25 billion.
By 2026, Iran's petrochemical sector is expected to increase production to 133 million tons and revenues to $37 billion.