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