Iran to inaugurate 11 petrochemical projects this year
These include projects for production of carbon monoxide and acetic acid, isocyanate, pure terephthalic acid (PTA) and polyethylene terephthalate (PET), low-density polyethylene (LDPE), ammonia and polycarbonate, and are to become operational at Fanavaran, Karun, Tondguyan, Laleh and Razi complexes, respectively.
According to the NPC, the said projects are implemented in Mahshahr Special Economic Petrochemical Zone.
Moreover, Olefin 10, Olefin 9, fourth aromatic, and first ammoniac and urea units at Jam, Aria-Sassol, Ghadir, and Borzuyeh petrochemical complexes respectively are other projects that will be put into operation in Pars Special Economic Energy Zone (Assaluyeh).
The western province of Kermanshah will also witness the inauguration of the fifth urea and ammoniac project.
NPC exported 5.9 million tons of its products valued at $3.2 billion in 2006.
The value of petrochemical exports represented 21 percent of Iran’s total non-oil exports, the company reported.
NPC took a 1.3 percent share in gross domestic product (GDP) of the country.