Iran’s first CDR unit inaugurated

Business Materials 9 June 2015 18:20 (UTC +04:00)

Baku, Azerbaijan, June 9

By Fatih Karimov - Trend: The first carbon dioxide removal (CDR) unit in Iran came on stream in Kermanshah Petrochemical Complex.

The project will lead a 5-percent increase in the complex's urea production without consuming more fuel, Iran's Shana news agency reported on June 9.

Carbon dioxide removal methods refer to a number of technologies which reduce the levels of carbon dioxide in the atmosphere.

The project will also reduce carbon dioxide emission from the complex by 25 percent.

Some 350 billion rials (about $12 million) has been invested in the project.

Iran plans to triple its petrochemical output by the next 10 years.

Mohammad Hossein Peivandi, deputy director of the National Iranian Petrochemical Company, said in March that the country's petrochemical output will be increased to 180 million metric tons if the required financial resources are provided.

If the goal is achieved, Iran will surpass Saudi Arabia in petrochemical industry by 2021, he said.

The roadmap for the development of the petrochemical industry has envisaged as much as $35 billion investment, he said, adding that Iran's petrochemical sales have grown by 36 folds over the past 25 years.

Edited by CN