Dec 10, 2022 13:36

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 |
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  •  No.94 (Parand Building)–Across from Ava Center–Movahed Danesh St.Tehran-Iran
  • +98 21 91008030
  • Next to Styrene Park, Phase 2 National Petrochemical Lands, Assaluyeh, Iran