In line with efforts to expand ethylene production. Jam Petrochemical Company in the southern Bushehr Province is on the last leg of negotiations to finalize a deal with Germany`s Linde Group (Linde)`>.Linde Group and France`s Technip. managing director of the company said.
`Plans have been devised to boost ethylene output by 20% and prospective agreements with Linde Group (Linde)`>.Linde and Technip will help JPC expedite the process.` Hassan Mirafzali was also quoted as saying by ILNA on Saturday.
Pointing to lengthy talks with the petrochemical majors. Mirafzali said. `Upon signing the agreement. JPC will be provided with the much-needed technical know-how to raise ethylene output.`
According to the official. the company has already clinched a deal with China Petroleum and Chemical Corporation for the procurement of a catalyst necessary for mass production of a high-density grade of polyethylene used for producing the PE100 pipes that possess higher long-term strength and are used in oil. gas. water and wastewater pipeline networks.
Mirafzali added that JPC has successfully produced 10.000 tons of PE100 pipes in a pilot plan. yet a special catalyst is required to increase the output.
`Sinopec has also agreed to provide JPC with another catalyst that is required to manufacture black pipe-grade high-density polyethylene in large quantities.` he said. adding that the catalyst for this type of polymer can be acquired from Asian markets instead of western countries.
The official said this type of polyethylene production will cut down the import of two of the world`s most popular polymers.
Mirafzali said JPC has the capacity to manufacture 300.000 tons of both polymers per annum. as the strategic product can be sold not only in domestic but also in international markets.
Asked about JPC`s rivals in producing the said polymers. the official said Saudi Arabian Oil Company. known as Saudi Aramco. has also launched the same venture.
Tags Europe Financial Tribune France Germany ILNA News Agency International International Companies International News Agency Iran Iranian Ministry of Petroleum Iranian News Agency Jam Petrochemical Co. National Iranian Petrochemical Co. (NPC) Pipeline Production Saudi Aramco The Linde Group (Linde)
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