Davood
Reza Rabbani, the CEO of Bakhtar Petrochemical Holding Company, announced on
Thursday (June 25), at the inauguration ceremony of Miandoab Petrochemical
Complex by the Iranian President, that the plant would supply 140,000 tons of
PE annually which would bring the holding’s total PE output to 1.5 million tons
per year.
He said
the holding company accounted for 10 percent of the country’s petrochemical export
revenues which would jump to 15% by fully operation of Miandoab Petrochemical Plant.
Rabbani
pointed to the use of local catalysts in the project, and said: "For the
first time in Iran, local catalysts are used for producing polyethylene, which
have been produced in Bakhtar Holding Group."
Bakhtar
Holding's CEO continued: "Construction of Miandoab Petrochemical Complex started
in 2016, and last week it started production.”
He said
the project had created jobs for 8,000 people directly; a figure which would
reach 16,500 once the holding company launches its other projects by the end of
the current Iranian calendar year to March 2021.
Rabbani
added: "180 trailers transport our solid products daily, which will reach
200 trailers with the inauguration of Miandoab Petrochemical Complex.”