6 February 2021 - 14:16
  • News Code: 313263
Iran Eyes Petchem Hub in Kermanshah

TEHRAN (Shana) – Iran has devised plans to convert the western province of Kermanshah into the third petrochemical hub of the country.

Addressing a ceremony to break grounds for construction of West Islamabad Petrochemical Plant on Saturday, Iranian Minister of Petroleum Bijan Zangeneh said: "We are trying to implement this project by making maximum use of the industrial and contracting capacities of Kermanshah Province."

He said: "This plan is a national plan, because there is a large gas supply network everywhere in the country, and this plan can be implemented.”

Zangeneh added that the National Petrochemical Company was able to acquire the technology of this project and finance its construction, and said: "Large investments of more than half a billion dollars will be made in the upstream part of this project and we hope it will be completed on schedule."

He noted the valuable industries at the downstream of the project, and said that propylene is one of the most valuable industrial items.

“Kermanshah province is in a very good position in terms of ethylene and has about 300,000 tons of polyethylene production and the West Ethylene Pipeline passes from the province.”

The Minister of Petroleum stated: “With the implementation of this plan, Kermanshah Province will be the third petrochemical hub of the country after Bushehr and Khuzestan, and development in this province will continue.”

News Code 313263

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