Addressing a ceremony to official launch Phase
III of Pardis, Phase I of Damavand and Marjan Petrochemical projects, in
Asaluyeh on Tuesday, the official said Iran's ethane production capacity would reach 12.75 million tons by the end of the next Iranian calendar year to March
2020.
He said 15 major petrochemical projects came on-stream
over the course of the past 5 years, since 2013,
the year President Hassan Rouhani took office.
The official said that an investment of $1.85
billion had been made in construction of Phase III of Pardis Petrochemical
Plant, Marjan Methanol Unit and Phase I of Damavand Petrochemical Utility
Complex.
Mr. Zanganeh said that the value of the items
produced at Pardis and Marjan plants amount to $834 million annually.
He further referred to Ilam, Lorestan, Sulfuric
acid unit of Urmia, Mahabad, Ammonia and Urea Production Unit of Shiraz,
Kurdistan Petrochemical Plant, Karoon, PBR and SBR (Takht Jamshid) units as the
projects that have come online since 2013, saying based on the 2011 prices, the
value of the items produced by these facilities top $2,300 billion.
The official further touched on the increased
production and exports of petrochemicals in Asaluyeh since 2013, saying
Morvarid, Kavian, Entekhab and Takht Jamshid Pars Polystyrene Plants have come
on-stream since the year.
He also noted signing of two contracts between National Iranian South Oil Company and Persian Gulf Petrochemical Industries Company (PGPIC) and Maroon Petrochemical Company for gathering associated gases which would make up to 22 mcm/d of gas available to petrochemical facilities as feedstock.