6 August 2020 - 18:51
  • News Code: 305800
Lorestan Catalyst Unit to Yield $30m/y

TEHRAN (Shana) – The CEO of Bakhtar Petrochemical Holding Company said that the catalyst unit of Lorestan Petrochemical Plant would generate 30 million dolllars annually.

Davood Reza Rabbani said on Thursday, August 6, that the unit was put into operation in a bid to render the country needless of importing petrochemical catalysts.

He stated that Lorestan Petrochemical Catalyst Unit had been implemented with the technical knowledge of the Petrochemical Research and Technology Company, adding: "This holding has produced about 600,000 tons of items since 2018g by supplying catalyst for Kermanshah Petrochemical Plant.”

The CEO of Bakhtar Holding Company, stating that the advantage of Lorestan Petrochemical Catalyst Unit is that 50% of the facilities are related to the construction of the catalyst base, continued: "This is an exceptional situation that we are both producer and consumer of this catalyst. Even among international companies, it is also very rare for a company to be both a producer and a consumer of catalysts.”

Rabbani pointed out that Bakhtar Holding Company was implementing eight knowledge-based projects, six of which are being implemented in Lorestan. In addition to Lorestan Petrochemical Catalyst Unit, which opened today, “we have three projects for fixed-bed catalysts, which we hope to be complete by the end of the year.”

News Code 305800


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