Local Consortium Ready to Invest in Mahshahr Petchem Zone

Local Consortium Ready to Invest in Mahshahr Petchem Zone
(Monday, May 6, 2019) 13:15

TEHRAN (NIPNA) -- Two Iranian companies have indicated readiness to invest in new petrochemical projects in Mahshahr Petrochemical Zone (PETZONE) in southwestern Iran, the CEO of the PETZONE said.

Speaking to NIPNA, Omid Shahidi Nia stated that the companies had signaled their keenness to form a consortium for developing a hexane project in the PETZONE.

He said decisions regarding the project would be made in future meetings with the two companies.

PETZONE is home to dozens of petrochemical plants and is considered as one of the two petrochemical hubs in the country aside from Assaluyeh in southern Iran.

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