21 May 2007 - 23:37
  • News Code: 105225

TEHRAN – Head of the Office for Development of Downstream Industries at the National Petrochemical Company announced that the investor for construction of the first acrylate petrochemical complex of Iran, which will be located in Mahshahr, has been chosen.

Reza Mohtashamipour told Petroenergy Information Network that the contract for purchasing needed technical know-how has been signed with a foreign company.

“Needed land for the project has been provided and the technical team is ready for launching engineering operations,” he said.

Mohtashamipour noted that according to current plans, purchasing and installing equipment will start next year.

“Propylene is needed as feed for the project and we are facing problems for supplying it. It was first supposed to be supplied by Persian Gulf Petrochemical Complex, but we are not sure where the needed feedstock will be supplied from,” he said.

The official stated that Fajr 2 Petrochemical Complex will provide utilities to the new complex.

News Code 105225

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