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New petrochemical plant to be built in Iran’s Kermanshah province

Business Materials 24 October 2019 17:07

BAKU, Azerbaijan, Oct. 24

By Elnur Baghishov - Trend:

A new petrochemical plant will be built in Iran’s Kermanshah province, Iranian Deputy Oil Minister and Managing Director of the National Petrochemical Industrial Company Behzad Mohammadi said, Trend reports referring to IRNA.

Mohammadi noted that the necessary licenses have been obtained in this regard.

The managing director added that the petrochemical plant will be built by using funds worth $550 million by the National Petrochemical Industrial Company and with the participation of the private sector.

“This plant will produce 120,000 tons of propylene when commissioned,” the managing director said.

Mohammadi noted that the plant will contribute to the economy of the province and the employment of local experts.

The managing director added that main projects of the plant will be completed by mid-winter and the plant will be built in Eslamabad-e-Gharb or Kermanshah city.

Presently, there are 3 petrochemical plants in Kermanshah province.

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