Plans Under way to Hasten Construction of Petchem Plant in Dehdasht

Plans Under way to Hasten Construction of Petchem Plant in Dehdasht
(Friday, August 2, 2019) 00:50

TEHRAN (NIPNA) -- The CEO of Iranian Investment Petrochemical Group Company (IIPGC) announced allocation of resources from the National Development Fund of Iran (NDFI) for construction of a petrochemical plant in Dehdasht, Kohgilouyeh and Boyerahmad Province.

According to IIPGC, Rasoul Ashrafzadeh said Dehdasht Polyethylene Project was one of the company’s priorities, adding the ground was paved for dipping into the NDFI resources for financing the project.

He said the operating bank of the project would select a contractor for completion of the project within the next few weeks and the plant would be built under an EPC contract.

The CEO said that generation of jobs in the area, enhancing its revenues and growth of industries by tapping private capital were some of the benefits of launching the plant in Dehdasht.

Once the facility comes online, various grades of polyethylene would be produced to be consumed as raw material in numerous downstream industries which would be a major step in industrialization of the province.

The plant would operate with 300,000 tons of annual production capacity.  

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