The units have come on stream with a total annual production
capacity of 750,000 tons and an investment of €866 million.
The plant’s CEO, Hassan Najafi-Semnani, says construction of
the plant began on 2003 with 4 process units of SRU, olefin, heavy polyethylene
and ancillary services with the aim of completing the value chain, removing
poverty in the region and generation of jobs.
The heavy polyethylene unit and ancillary services of Ilam
Petrochemical Plant officially came online in 2014 and by inauguration of the
olefin unit, the feedstock of the heavy polyethylene unit, which has been
received from the West Ethylene Pipeline, will be supplied from this unit, he
said.
The SRU of the facility was developed with €56m of
investment and has been built to sweeten the olefin feedstock.
He said: “The sweetened feedstock will be transferred to the
olefin unit for production of ethylene, propylene, pyrolysis gasoline and
liquid fuel.”
Najafi-Semnani further said the SRU is fed by 349,000 tons
of C3+ fraction and heavier sulfur fractions and 416,000 tons of C5+ fraction
and heavier sulfur fractions, and continued the annual production capacity of
this unit is 331,000 tons of desulfurized of C3+ fraction and heavier and
401,000 tons of C5+ fraction and heavier.
He said that the share of domestic construction in the SRU
is an average of 72.5 percent, including engineering, construction,
installation and manufacturing of equipment.
The unit is licensed by Axens and built by Iran’s Energy
Industries Engineering and Design (EIED).
Furthermore, the olefin unit is fed by 233,000 tons of
ethane, 328,000 tons of C3+ and heavier fractions and 391,000 tons of C5+ and
heavier fractions per year. The unit is designed to yield 458,000 tons of
ethylene, 124,000 tons of propylene, 132,000 tons of pyrolysis gasoline and
33,000 tons of liquid fuel annually.
This unit is financed by €810 million, adding the total
value of the unit's annual production is $439 million and the surplus sales
value is $235 million. 305,000 tons of ethylene produced by olefin unit is
consumed in heavy polyethylene unit and sale of the surplus ethylene is 153,000
tons.
He continued that 70% of construction of the olefin unit,
including engineering, building, installation and equipment manufacture, was
completed domestically, adding this unit was licensed by UK’s Stone&Webster
Limited.
The two units generate 1,700 jobs during its installation,
and 250 direct and 870 indirect jobs while operating.
Iranian Investment Petrochemical Group Company (IIPGC), a
subsidiary of the Persian Gulf Petrochemical Industries Company (PGPIC) is the
main stockholder of Ilam Petrochemical Company.