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CEO Stressed:

Iran to Halve Petchem Imports by Launching New Plants

Iran to Halve Petchem Imports by Launching New Plants
(Monday, September 28, 2020) 09:37

TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) said the country would reduce its petrochemical imports by half once it launched 27 development plants it has defined in the second and third leaps of the industry.

Behzad Mohammadi called for institutionalizing sustainable thinking in order to ensure progress towards development and improved resilience of the petrochemical industry.

During a ceremony to launch a semi-industrial methanol to propylene (MTP) plant in Mahshahr on Friday, he said: “Today is a day of price and memory for the Iranian petrochemical industry and the result of years of continuous efforts of researchers in the Petrochemical Research and Technology Company will be unveiled.”

He said that the launch of the MTP plant is a valuable achievement for the Iranian petrochemical industry, adding NPC’s role is to develop infrastructure and it is necessary to increase production capacity in the industry due to the existence of extensive feedstock sources to produce different products.

The plant will operate with 120,000 tons per year of production capacity.

Fateh Kimia Petrochemical Company has signed a contract with the Petrochemical Research and Technology Company (PRTC) for lensing the licenses for the MTP plant.

Mohammadi further lauded PRTC’s achievements in the field, saying, "The Petrochemical Research and Technology Company has made great achievements in the production of MTP catalysts that in the near future the production unit of these catalysts will be launched in the Arak center of the company.”

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