The contract was signed on Thursday
in a ceremony held in the presence of the CEO of the National Petrochemical
Company (NPC), Behzad Mohammadi.
During the ceremony, Mohammadi
said this contract to commercialize the technical savvy for production of propylene
from methanol with Fateh Kimia Petrochemical group is the first step in a long
path.
He said: “Methanol to Propylene plants
will be built for different regions such as Assaluyeh, Amirabad, Anzali and Islamabad
and the production capacity of this product will reach 4 million tons per year
by 2025.”
The plant will be operating with
an annual capacity of 120,000 tons.
Along with the development of MTP
know-how, the technical savvy of producing all the catalysts required for this
unit has been acquired and internalized by PRTC.
Research and development to reach
the current capabilities began 15 years ago.