Value chain Completion, Diversifying Output: Petchem Industry Strategy

TEHRAN (Shana) -- The CEO of the National Petrochemical Company said: "The company's strategy is to complete the value chain and diversify production of valuable items."

According to the National Petrochemical Company, Behzad Mohammadi yesterday evening (Tuesday, September 21) on the first day of a two-day trip to Assaluyeh, visited the Siraf Petrochemical Project and Kangan Petroleum Plant in Deir Region and discussed the strategy for developing and completing the value chain the petrochemical industry.

Pointing out that Deir region is another hub of petrochemical industry development in the Persian Gulf coasts, he added: "The strategy of the National Petrochemical Company in this region, such as phases 1 and 2 of Assaluyeh, is to complete the value chain and diversify the portfolio of valuable petrochemical products."

The CEO of the National Petrochemical Company continued: “With the production of olefin, poly-olefin and PDH units in Kangan Petro-Refining Complex, this facility will take the final step to complete the value chain.”

Mohammadi stated that the gases produced in phase 12 of South Pars were transferred to this project and after methane returned to the national grid, the separated gases of ethane and propane would be converted into feedstock for the petrochemical industry. Heavy and light density polyethylene as well as propane are also converted into valuable polypropylene products in the PDH unit.

He noted: “A total of 1.5 million tons of polymer will be produced at Kangan Petro-Refining Plant.”

News Code 321537

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