Petrochemicals

An Iranian petrochemical official said Iran’s petrochemical production capacity would increase by 2 million tons by tapping unexploited capacities in petrochemical facilities of the country.

The company’s second phase would render Iran needless of importing the raw materials needed for production of various type of rubber.

Iran’s catalyst output will reach a total of $125 million by 2021. the CEO of Petrochemical Research and Technology Company (PRTC) said.

The chairman of the HNT Holding Company announced inauguration of a 40.000-ton hexane. 10.000-ton pentane and 7.000-ton heptane petrochemical plants.

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

The presence of smart local private sector companies would be eye-catching in materialization of the third petrochemical leap of the country.

Iran has launched Phase 2 of Takht Jamshaid Mahshahr Petrochemical Plant.

Iran was expected to launch several petrochemical projects by the end of the current calendar year.

Other important products heavily exposed to disruption to shipping in the Strait of Hormuz include monoethylene glycol (MEG). ethylene and methanol.

Several sections of the central processing unit of the project were about to start early production. bringing the field’s output to the planned level.