28 January 2019 - 19:44
  • News Code: 287115
Hengam Petchem Plant 70% Complete

TEHRAN (Shana) -- The construction project of Hengam Petrochemicals Plant has so far made 70 percent physical progress and is continuing as planned, the facility’s CEO said.

Speaking to NIPNA, Amir Masoud Jamshidi said the first phase of the project, envisaged to supply 726,000 tons of ammonia per year, would come online with the nominal production capacity of 1.155 million tons per year of urea, National Petrochemical Company (NPC) reported.

He said the plant was being built based on the state-of-the-art technologies for production of urea fertilizers.

The official also said that the second phase of the project had made 48 percent physical progress.

The project would come online with a total investment of €530 million, he said, adding they were seeking methods to provide the required financing for completion of the project through various channels.

Hengam Petrochemical Project is being built with the nameplate production capacity of 2,200 tons of ammonia and 3,500 tons of urea and granule annually. 

News Code 287115

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