According to Petrofarhang Holding, the facility is being
developed as a producer of GTX in Parsian Energy Consuming Industries Special
The project is also regarded as one of the projects of the
third leap in Iran’s petrochemical industry, and is being built in 130 hectares
of land in the southern province of Hormuzgan.
In the initial studies of this project, due to the vastness
of the land and the importance of developing downstream projects Petrofarhang
Holding, the production of items such as heavy polyethylene and polypropylene was
put on the agenda of the holding. The project has entered the implementation
phase by holding tenders after receiving permits from Petrofarhang.