Iran to Start Projects for Constructing 2 Major Petrochemical Complexes
01.25.2021 By Ricardo Perez - NEWS

January 25, 2021 [Menafn] – The projects for constructing two major petrochemical complexes valued at over USD7 billion will be started by the end of the current Iranian year, according to the Managing Director of Iran’s Persian Gulf Petrochemical Industries Company (PGPIC).

Jafar Rabiei stated that “Preparations have been carried out by Persian Gulf Petrochemical Industries Company for the ground-breaking of the projects for construction of Hormoz and Mahshahr petrochemical complexes in Assaluyeh and Mahshahr.

He further said that the USD4.5-billion Hormoz project will receive a combination of ethane and butane feed that will be provided from South Pars field, adding: “The necessary licenses have been obtained from the Oil Ministry and hopefully the project will be commenced by the end of the year.

The feedstock for Mahshahr Petrochemical Complex will be provided from Persian Gulf Bid Boland Refinery surplus feed, he added.


Click Here to Access Today a 6,000 Tank Terminal Database With a Pro Trial
6,350 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Everfuel Eyes up to 2 GW of Green Hydrogen Production in Denmark
06.14.2024 - NEWS
June 14, 2024 [Offshore Energy]- Danish green hydrogen company Everfuel has submitted a project p... Read More
Nutrien Unveils Plan for World's Largest Clean Ammonia Facility
06.14.2024 - NEWS
June 14, 2024 [Chem Analyst]- Nutrien Ltd. disclosed its evaluation of Geismar, LA as the potenti... Read More
South Korea’s Kogas Boosts Gas Sales in May
06.14.2024 - NEWS
June 14, 2024 [LNG Prime]- South Korean LNG importer Kogas boosted its gas sales year-on-year in ... Read More
Neogen Releases CelluSmart Technology for Biofuel Industry
06.14.2024 - NEWS
June 14, 2024 [Biofuels International]- Neogen, an innovative leader in food safety solutions, ha... Read More