Addressing a ceremony to officially launch
the second phase of Takt Jamshid Petrochemical Plant, Alireza Sediqizadeh said
on Tuesday that his company was the first producer of isocyanates in the Middle
East, which is a manifestation of preventing sale of crude oil and gas.
The official said his company operated
with 500,000 tons/year of production capacity of which 220,000 t/y were
He said the launching the project 70 jobs were
directly created, adding 35% of Karoon Petrochemical Plant’s costs concerned
procurement of platinum and palladium catalysts which were now to be replaced
by nickel catalysts supplied by HNT Holding Company.