Local Catalysts Reduce Production Cost of Isocyanates by 1 3

The CEO of Karoon Petrochemical Company said the company`s costs would be reduced by one-third with the use of local catalysts.

Alireza Sediqizadeh said on Tuesday that his company was the first producer of isocyanates in the Middle East. which is a manifestation of preventing sale of crude oil and gas.

Addressing a ceremony to officially launch the second phase of Takt Jamshid Petrochemical Plant. the official said his company operated with 500.000 ton year of production capacity of which 220.000 t y were salable.

He said the launching the project 70 jobs were directly created. adding 35% of Karoon Petrochemical Plant’s costs concerned procurement of platinum and palladium catalysts which were now to be replaced by nickel catalysts supplied by HNT Holding Company.

About core

Check Also

Petrochemicals are Driving 90% of China’s Oil Demand Growth

Last year, Bloomberg caused quite a stir in energy circles when it predicted that global …

Leave a Reply

Your email address will not be published. Required fields are marked *