Chinese Investor Ready to Fund Dehloran Petchem Project

Chinese Investor Ready to Fund Dehloran Petchem Project
(Friday, December 9, 2016) 22:11

TEHRAN (NIPNA) – The governor of the western province of Ilam said a Chinese company has signaled readiness to invest in the province’s industrial projects including the Dehloran Petrochemical Plant.

 

Mohammad Reza Morvarid said talks are under way with a leading Chinese financier for investment and partnership in industrial projects of the province. 

He said the projects include Dehloran Petrochemical Plant, Dehloran NGL Gas Refinery, the second phase of Ilam Refinery, and the Kermanshah-Ilam Railroad as well as the Chenareh Dam. 

Morvarid further added that the Chinese investor will start talks with Iranian partners for starting the projects’ construction.

Dehloran Petrochemical projects is being built in 200 hectares of land and will comprise three major units, namely, olefin, heavy density polyethylene and light density polyethylene as well as utilities. 
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