Pardis Petchem Plant Accounting for 6.2% of Global Urea Trade

Pardis Petchem Plant Accounting for 6.2% of Global Urea Trade
(Sunday, September 9, 2018) 15:14

TEHRAN (NIPNA) -- Iran's Pardis Petrochemical Plant is currently contributing to 6.2 percent of the global urea trade, the plant's CEO says.

Addressing a press conference, Hossein Shahryari said the three phases of Pardis Petrochemical Complex accounted for 6.2 percent of the global urea trade which stands at 42 million tons per year.

He said the company was also responsible for 65% of Iran's urea exports.

"Each phase of the complex yields 680,000 tons of ammonia and 1.075 million tons of urea per annum," he said. "Totally, the facility supplies 2.040 million tons of ammonia and 3.225 mt of urea per year."

 Phase III of the plant was 51% built by domestically-manufactured equipment, Mr. Shahryari added, saying the project had created 646 direct and 1,200 indirect jobs.

Moreover, Phase III of the plant can export items valued at over $257 million annually, he added.

 The CEO further said his company was banking on building urea and ammonia plants in Qeshm and Chabahar in the future.

Email is required
Characters left: 500
Comment is required