Pars Fenel Plant to Launch MEG Unit by mid-2021

(Monday, June 3, 2019) 15:32

TEHRAN (NIPNA) -- The CEO of the Pars Fenel Petrochemical Plant stated that the company’s monoethylene glycol (MEG) unit would come online by the end of the calendar year 1399 (March 20, 2021).

Speaking to NIPNA, Behzad Tavakolli said the project had already progressed 58 percent and would come on stream by March 2021.

He said the project was being developed for 553,500 tons per year of ethyl glycol production capacity consisting of 500,000 tons of MEG and 50,000 tons of diethylene glycol (DEG) and and 3,500 tons of triethylene glycol (TEG).

The project is primarily owned by Bakhtar Holding Company and its construction began in 2014 in a land of 7.33 hectares in Phase II of Assaluyeh, southern Iran.

Tavakolli added that most of the plant's output would be exported, generating considerable income for the country.  

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National Petrochemical Company