The unit is built at Urmia Petrochemical Plant by finances
from the Iranian
Investment Petrochemical Group Company (IIPGC), a subsidiary of the Persian
Gulf Petrochemical Industries Company (PGPIC).
The CEO of IIPGC, who addressed a virtual ceremony to launch
the potassium sulfate unit of Urmia Petrochemical Plant on Thursday, said development
of complementary industries and construction of downstream parks to complete
the value chain, as well as preventing the import of certain items, production
boom, especially in less developed areas, are some of the goals pursued by the Persian
Gulf Petrochemical Industries Company (PGPIC).
Rasoul Ashrafzadeh added that IIPGC has four downstream
parks under way with a production capacity of 3,500,000 tons per year.
He said: "The three projects of Lordegan Petrochemical
Plant, the second phase of Ilam Petrochemical Plant and the potassium sulfate unit
of Urmia belonged to this company which have come on stream in the current
calendar year (which began on March 21).”
The official also said that the projects were developed with
over 2.5 million tons of production capacity per year.
He further added that the potassium sulfate unit of Urmia Petrochemical
Plant was built with 585 billion Iranian rials of investment and is expected to
generate 4,650 billion Iranian rials in revenue annually.
Ashrafzadeh noted that potassium sulfate products are
valuable and are used in such industries as chemical fertilizers, laboratory
materials and catalysts.
The unit has created 50 direct and 230 indirect jobs.