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Iran Mulls Becoming PP Heavyweight

Iran Mulls Becoming PP Heavyweight
(Thursday, September 1, 2022) 13:55

TEHRAN (NIPNA) – The CEO of the National Petrochemical Company (NPC) said that the country was to launch 12 PDH projects which will turn it into a major producer of polypropylene (PP).

The Deputy Minister of Petroleum in Petrochemical Affairs, Morteza Shahmirzaei, said on Monday that 12 propylene from propane (PDH) projects have been defined in the country which will render Iran a major producer of PP in the world.

Since last March, 36 public-benefit projects by petrochemical industries have been started in line with the policy of social responsibility, which are being followed seriously, and several projects will be launched soon, he said.

The CEO of the National Petrochemical Company continued: “Today, the executive operations of Pars Petrochemical PDH/PP project with an investment equivalent to $900 million from the subsidiary of the Persian Gulf Petrochemical Industries Company (PGPIC) and PDH/PP of Parsian Sepehar Refinery Company with an investment equivalent to about $860 million from the Farman Emam Executive Headquarters will be initiated by the Minister of Petroleum.”

He announced the construction of 12 PDH projects in the country, and stated: “With the implementation of these projects, a new civilization for propane will be established in the country, although planning for construction of these projects was done several years ago and now one after the other is becoming ready to start operations.”

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