6 August 2020 - 15:59
  • News Code: 305799
Petrofarhang Holding Firm Keen on Value-Chain Completion

TEHRAN (Shana) – The CEO of Petrofarhang Holding Company said: “Petrofarhang has plans to complete the methanol value chain and produce more value added items.”

Marzieh Shahdaei speaking on Thursday, August 6, told a ceremony to launch Kimia Pars Middle East Petrochemical Project that construction of the Kimia Pars Middle East project began in 2016 with $600 million of investment.

The plant is developed for an annual production capacity of 1.65 million tons of methanol, she said, adding the project has created 700 direct jobs.

She further added that the holding company had 3 other methanol production projects under way.

News Code 305799

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