The CEO of
the National Petrochemical Company (NPC), Behzad Mohammadi, said Phase II of
Takht Jamshid Petrochemical Plant was about to be launched, adding the industry
would witness inauguration of the several other projects by March 2020.
He said the
country was expected to launch several petrochemical projects by the end of the
current calendar year, which began on March 21, with a total value of nearly 2
billion dollars.
Phase II of
Takht Jamshid Petrochemical Plant of Mahshahr, as the largest producer of
rubber raw material (polybutadiene rubber) which is widely used in downstream
industries, is to be launched on Tuesday, January 14, 2020.
He added
that by utilizing the project, the plant would operate with 55,000 tons/year of
special polymer products (PPR) production capacity. This item has many
applications in petrochemical downstream industries, especially in tire and
rubber industries, and once produced domestically, would render Iran needless
of importing certain types of polymer products.
Mohammadi
went on to add that a petrochemical project per month would be launched in Iran
on average by March 2021, adding the projects, adding Kaveh Methanol Plant,
which is touted as the largest methanol project in the world, with 2.3 mt/y of
production capacity, and Bushehr Methanol Plant with an annual production
capacity of 1.65 mt will come online by March 2020.