HyCO Project to Make Karoon Petchem Plant Self-sufficient in Supply of Key Feedstocks

TEHRAN (Shana) -- The chairman of the board of directors of Karoon Petrochemical Plant said: "By exploiting the HyCO project, the value chain of Karoon Petrochemical Plant will be more complete and the dependence of this company in supplying feedstock will be minimized.”

According to Karoon Petrochemical Company, Abdolreza Gholami, during his visit to the project, said that the progress of this project is in accordance with the plan, voicing the company’s full support for completion of the project.

Gholami considered the increase of production capacity and stability as two of the benefits of this project, and thanked all the staff of the company involved in the project, including managers, suppliers, contractors, employees and workers.

The HyCO project, which started in August 2018 as a development plan for Karoon Petrochemical Company, is aimed at producing carbon monoxide and hydrogen gas, as feedstock for other sectors. The project is scheduled to come online in December 2022.

News Code 318488

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