5 March 2019 - 19:17
  • News Code: 287892
Gachsaran Petchem Plant Key in Regional Development

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC), Behzad Mohammadi, said Gachsaran Petrochemical Project was instrumental in completion of the value chain in southwestern Iran.

During a visit to the plant, Mr. Mohammadi called for acceleration of the construction work in the project, saying the project was one of the most important projects in Iran’s petrochemical industry.

He said the plant would be fed by Bidboland II Gas Refinery which is to come on-stream next Iranian calendar year beginning on March 21.

Mohammadi, who is also deputy petroleum minister in petrochemical affairs, said four other petrochemical projects were under way which would be fed by the items produced at the Gachsaran facility.

The CEO further expressed optimism that the financial issued facing the project would be resolved by more support from the Persian Gulf Petrochemical Industries Company (PGPIC).

An investment of €424.7 million and Rls. 7,165.2 billion has bene made in the project which has so far made 59 percent progress and is planned to come on-stream by 2021.

News Code 287892


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