News Agency - Detail

NPC Eyes GTPP Value-Chain Completion by Launching New Plants

NPC Eyes GTPP Value-Chain Completion by Launching New Plants
(Sunday, June 20, 2021) 22:44

TEHRAN (NIPNA) -- The Planning and Development Director of the National Petrochemical Company (NPC) said simultaneous with the construction of the GTPP knowledge-based project in Islamabad West, implementation of formalin, polyoxymethylene (POM) and methylamine development projects has also begun in the region.

During a visit to the GTPP project, Hassan Abbaszadeh said: "Since this project is the first national project in the petrochemical industry whose chain in each three phases of natural gas to methanol, methanol to propylene and propylene to polypropylene have been defined by using homegrown technical savvy, NPC has planned to use 200,000 tons of excess methanol in the plant to feed formalin, POM and methylamine plants in the western province of Kermanshah”.

He stated that one of the guiding policies of the National Petrochemical Company is always the development of the value chain and downstream industries of the ongoing projects, adding: "Currently, the investor of the formalin unit has submitted his request and is in the stage of receiving the principal approval."

He continued: "The POM unit, which will be built for the first time in the petrochemical industry, has now been approved in principle, as well as the Songhor methylamine project, which is bankrolled by the Persian Gulf Petrochemical Industries Company (PGPIC), and the feedstock for both projects will be supplied by the excel methanol output of Islamabad West Plant.”

Email is required
Characters left: 500
Comment is required