May 24, 2024 19:05

Iran to Launch $2b Petchem Projects by April

Iran to Launch $2b Petchem Projects by April
Iranian Minister of Petroleum Bijan Zangeneh says the country is poised to start up several petrochemical projects by late March or April 2018 with a total investment of 2 billion dollars.

Addressing a press conference to mark the anniversary of the victory of the 1979 Islamic Revolution, the official said that 6 South Pars phases will come online next calendar year beginning on March 21.

He further said that 6 million tons of petrochemicals is estimated to be sold on the domestic market, adding domestic consumption for petrochemical feedstock is also expected to grow by 17% year-over-year.


Mar 5, 2018 07:47
Nipna |
Number of visit : 2,260


Sender name is required
Email is required
Characters left: 500
Comment is required
نقشه فوتر
  • Head Quarter: No.94 (Parand Building)–Across from Ava Center–Movahed Danesh St.Tehran-Iran
  • Management        No.19

  • Financial              No.15

  • Commercial          No.16

  • IT                        No.17

  • HR & Legal           No.18
  •  +98 21 91008030
  • Factory Address:  Next to Styrene Park, Phase 2 National Petrochemical Lands, Assaluyeh, Iran