Addressing a gathering of senior petrochemical officials on Wednesday,
Mahmoud Makhdoumi said the project would be built with 120,000 tons/year of production
capacity with an estimated investment of 500 million dollars.
He further said the items produced in the facility would be consumed in
the methane chain.
20% of the project’s stakes would be possessed by Petrofarhang Holding
and 60% by TOPPICO, he said, adding the remaining 20 percent would be owned by
the National Petrochemical Company (NPC).
The official further said that the savvy for building the project would be
supplied by the Research Institute of Petroleum Industry (RIPI).