IRAN: Petrochemical projects go on stream in Iran’s Mahshahr

Takht-e-Jamshid Petrochemical Complex as well as the second phase of Karoun Petrochemical Company (KRNPC) was officially inaugurated on Monday (6 Feb 2017) in Mahshahr Special Petrochemical Economic Zone in Khuzestan Province by First Vice President Es’haq Jahangiri.

According to Shana, the ceremony was attended by Oil Minister Bijan Namdar Zanganeh and Marzieh Shahdaei, head of the National Petrochemical Company (NPC).

“The Karoun project, jointly implemented by Iranian companies and the Swedish engineering group Chematur Engineering AB at a cost of USD 375 million, will produce 40,000 tons of methylenediphenyl diisocyanate (MDI) and toluene diisocyanate (TDI) per year,” Shahdaei said.

Commenting on Iran’s competitors in this area, the official said domestically-made MDI and TDI meet international standards and are on a par with similar products from Germany’s BASF and Royal Dutch Shell.

Takht-e-Jamshid complex also went on stream on Monday (6 Feb 2017). It will significantly boost the production of petrochemicals such as methanol, urea, ammonia as well as other value-added goods such as polystyrene and ethylene glycol, according to the NPC chief.

Source: Daily “The Financial Tribune”, Tehran; 8 Feb 2017

(Syed Rashid Ali, Karachi, Pakistan)

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