TEHRAN, Jan. 10 – Iran is to launch 5 new petrochemical projects within the remaining two month of the current calendar year to March 20, a senior petrochemical official said.
Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei said on Sunday that 4 projects will come on-stream during the Fajr Decade, marked as the anniversary of the victory of the Islamic Revolution, one by the year end, and three others early next year.
Phase II of Kavian Petchem Plant (with 1mt/y output), Phase II of Morvarid plant (with 550,000 tons of annual output), and Entekhab Plant (with 250,000 tons of output per annum) will be launched during the decade and Phase II of Pardis Petrochemical Plant (with one million tons of output per annum) will become operational by the yearend, she said.
Iranian petrochemical plants can supply over 64 million tons of petrochemicals annually which will reach 100 million tons within the next 5 years, she said.
Iran has Exported 9 million dollars of petrochemicals since the beginning of the year.
Source : Shana
About Kavian Petrochemical Co :
Kavian Petrochemical Co. (Kavian P.C.), registered under No. 255100 in the Registration Office is a subsidiary of Bakhtar Petrochemical Company (BPC).
The main objective of BPC as a holding company which was established with the investment made by NPC and other private investment companies, is to organize and arrange the financial resources and ascertain correct implementation of western petrochemical projects.
Kavian P.C., founded in 2005, is responsible to supply the required feedstock into the Western Ethylene Pipeline for other projects established under Bakhtar Petrochemical Co.
