According to Hamid-Reza Farzaneh, pilot operations of the ethylene, light polyethylene, and heavy polyethylene units with 97.48, 97.36, and 97.04 percent executive growth would launch as of Oct. 22, Sept. 30, and Aug. 5 respectively.
Olefin 10 also made 69.99%, 97.07%, 99.99%, 100% progress in civil operations, installation, logistical service, and engineering operations.
National Petrochemical Company (NPC) in collaboration with
Olefin 9, one of the world’s largest projects, will add 400 thousand tons of ethylene, 90 thousand tons of carbon slice 3, 300 thousand tons of different types of polyethylene, and 300 thousand tons of light polyethylene to the country’s petrochemical output.
The NPC managing director announced that
“The investment helps the sector increase the petrochemical out by 33.7 million tons during the plan,” predicted the official.
Nejabat said 24 petrochemical projects with a 14.8 billion dollar fund had been included in the Fourth Five-Year Development Plan (2005-2010), with some becoming operational.
The NPC head said 13 petrochemical projects would come on stream in the current year, adding three of them were ready for inauguration.
“At present,
“The country’s world share is 0.9 percent, which is predicted to reach 6.3 percent by 2015.”
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