29 Mar 2024
Wednesday 12 June 2019 - 15:22
Story Code : 351532

Iran eyes 15 mt/y petchem output in PEIISEZ

MNA Iran is building 14 petrochemical projects in Phase I of Parsian Energy Intensive Industrial Special Economic Zone (PEIISEZ) which will increase the countrys petrochemical output by 15 million ton per year.

The deputy petroleum minister for petrochemical affairs said implementation of 14 petrochemical projects in the first phase of PEIISEZ was expected to increase Irans annual petrochemical production capacity by 15 million tons with $19 billion of investment.

According to Shana, Behzad Mohammadi, who is also the CEO of the National Petrochemical Company (NPC), said implementation of the projects would create a new movement in the southern province of Hormuzgan.

He said of 55 petrochemical plants operating across the country, 30 were operating in Assaluyeh, Kangan and Dayyer, adding 17 projects were also under construction and dozens of others were being pitched for financing.
https://theiranproject.com/vdcipzaprt1aww2.ilct.html
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