According to the plant's managing director Hossein Shahryari who was addressing a press conference on Monday, Pardis Petrochemical Complex is the largest supplier of ammonia and urea in Iran and the Middle East and its Phase III will be inaugurated today (Tuesday, September 04, 2018) by Iranian President Hassan Rouhani.

The plant, when operating at full tilt, can supply 2.04 million tons of ammonia and 3.22 million tons of urea annually, he said.

700,000 tons of the urea is consumed domestically and the rest (2.5 mt) is exported to Europe, Argentina, Brazil and South American countries.

Financed by 502 million euros, the construction project of phase III of the plant began in 2011 and it was pre-commissioned back in October 2017.

The managing director of Pardis Petrochemical Company said the share of the domestic companies in developing the projects was 51%, and continued: "The project has created 646 direct and 1,200 indirect jobs."

Phase III of the plant is developed for production of 1,755 million tons of urea and ammonia annually of which 1.15 mt will be exported and the rest consumed domestically.