Kavian Petchem Plant Eyes 2 mt/y Output by 2019

Kavian Petchem Plant Eyes 2 mt/y Output by 2019
(Saturday, July 14, 2018) 20:28

TEHRAN (NIPNA) -- The CEO of Iran’s Kavian Petrochemical Plant said his company has planned to bring its annual production capacity to 2 million tons per year by 2019 from currently 1.2 ml/y.

Speaking to NIPNA, Ramezan Owladi said the company’s envisaged production plan will be materialized once all phases of the supergiant South Pars Gas Field become operational by 2019.

He said once the envisaged output is realized, the company will be operating at 100 percent of its nameplate capacity.

By 2020, Kavian Petrochemical Plant, producing 2.2 mt/y of output, will be supplying surplus ethylene which will be exploited for feeding petrochemical plants in Mahshahr Petrochemical Zone in the southwestern province of Khuzestan.

Last calendar year, which ended on March 20, the facility supplied 1.2 million tons of ethylene, he said adding, the company was expected to operate at 80 percent of its rated capacity this calendar year by supplying 1.6 mt/y of ethylene.

The ethylene output of the facility is injected into the West Ethylene Pipeline to feed dozens of petrochemical plants on its way through the western provinces of the country.

Mr. Owladi further added that by 2020, the plant would kick off projects aimed at boosting its production capacity by 10 to 15 percent annually.

The CEO of Kavian Petrochemical Company said: "With the increase of ethylene production and the excess of this feedstock, we can provide ethylene to the petrochemicals of Bakhtar Holding, Ilam, Ghadir and Arvand, as well as the plants operating at Mahshahr Petrochemical Zone and Amir Kabir Petrochemical Plant.”

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