TEHRAN, June 21 (Shana) -- The first phase of the compounding unit of Maroon Petrochemical Plant will come on-stream before the end of the current Iranian calendar year which began on March 20, the facility's CEO said.

Speaking on the sidelines of a visit by Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei to Pars Special Economic Energy Zone (PSEEZ), Rahim Sharif Mousavi said the unit is being constructed with the aim of completing the value chain in the downstream sector of the industry in the regions and prevent the sale of raw materials.

He said the unit's first phase is being developed with �11m and IRR12b investments.

By SHANA