SHANA -- The CEO of Lordegan Petrochemicals Company said the plant's construction had progressed 94.27 percent and was expected to come online by fall.

Mohsen Mahmoudi said the plant needed a utility unit of its own which would come online by spring.

He said the urea and ammonia project would become operational by fall adding €700 million was invested in the project of which €502 was supplied by financing.

The official further stated that a major share of the project’s items were supplied from domestic producers, adding all the project’s converters, drums, and flare stacks were supplied by domestic manufacturers.

Lordegan Petrochemical Plant is being built for production of 1.755 million tons of petrochemicals annually in the western province of Chahar Mahal and Bakhtiari.