NEWS
Petrochemical  

Chemical Plant Worth $2 mln Opens in Iran’s Markazi Province

A private sector company opened a chemical plant in Markazi Province on Sunday to produce 'dimethyl carbonate ammonium hydroxide' for the first time in Iran.

A chemical production unit of 'dimethyl carbonate ammonium hydroxide' became operational in the industrial city of Bazneh, Shazand, in Markazi Province West of country today.

It is the first time that 'dimethyl carbonate ammonium hydroxide' is produced inside Iran.

The unit went on stream, concurrent with the 10-Day celebrations marking the 40th anniversary of the 1979 Islamic Revolution in Iran.

The private sector invested $1.9 million for construction of the chemical production unit, which has nominal capacity of 14,000 tones.

Located in 33 km West of Arak, the central city of Markazi Province, the unit has generated 30 direct and 500 indirect job opportunities.

The Dimethyl Carbonate Ammonium Hydroxide is used as a solvent in adhesives and paints industry.

Also, to mark the 40th anniversary of the victory of the Islamic Revolution, the National Iranian Oil Refining and Distribution Company (NIORDC) announced today that it would open 20 projects worth $1819.82 million in the current month.

According to the Iran’s Oil Ministry, the projects include the third phase of gas condensates production unit of Persian Gulf Star Refinery, the plan to increase gasoline production capacity at Bandar Abbas Oil Refining Company and improve the product’s quality, desulfurizing diesel produced at Tabriz Oil Refining Company, supplying water to Abadan Refinery and organizing the port of the southwestern Iranian city of Bandar-e Mahshahr.

Among the other projects are the 20-inch 430-kilometer pipeline passing through central Iran (Nain, Kashan and Rey) for transferring oil byproducts, another pipeline to transfer 240,000 barrels of oil byproducts per day from Abadan, in Southwestern Iran, to the Iranian capital city of Tehran and the third distillation and liquid gas production unit of Isfahan Oil Refinery.

Once the third phase of gas condensates production unit of Persian Gulf Star Refinery becomes operational, Iran’s Euro 5 gasoline production will increase 12 million liters.

The laying of the 20-inch Nain-Kashan-Rey pipeline began in 2012. On completion, it will transfer oil byproducts from the Persian Gulf Star and Bandar Abbas refineries as well as imported oil products to central and northern Iran.

The pipeline will help raise Iran’s capacity to transfer oil byproducts and imported oil products 150,000 barrels per day and 200,000 barrels per day respectively.

The project to organize the port of Bandar-e Mahshahr is aimed at increasing the port’s export capacity to 40 million tons.

As one of the most important national projects, the implementation of the plan to increase gasoline production capacity at Bandar Abbas Oil Refining Company and improve the product’s quality began in 2007.

Upon completion, the desulfurizing project of Tabriz Oil Refining Company will help the refinery produce 30,000 barrels of Euro 4 and 5 gasoline per day. The implementation of the project began in 2014.

Comments:

Leave a Comment:

   
   
   
 

Iran Drills 7 New Oil Wells Shared with Iraq

Iran and Iraq share an estimated reservoir of 4 billion barrels of oil in Azar Oilfield and Iran has recently completed the drilling operation for 7 wells in the field to tap into the shared natural resource, a project manager said.
 

Iran to Open 20 Oil Projects to Mark 40th Anniversary of Islamic Revolution

The National Iranian Oil Refining and Distribution Company (NIORDC) will open 20 projects worth $1819.82 million in the current month, to commemorate the 40th anniversary of the Islamic Revolution of 1979.
 

Iran in Talks Over $7b Worth of Petrochem Deals

In line with policies to reduce the production and sale of low value-added products, two projects, worth about $7 billion, are being finalized to produce an array of petrochemicals with greater return, the managing director of Persian Gulf Holding Company said.
 

Majlis Support for New Petrochemical Investments

The parliament is ready to back new investments that would help expand and complete the value chain in the key petrochemical industry, the spokesman of Majlis Energy Commission said on Monday.
 

Construction of New Petrochem Complex Starts in Mahshahr

Operations started on Monday to construct a petrochemical complex in Mahshahr, Khuzestan Province, whose main product would be propylene, a building block for a large number of chemicals.
 

Iran Signs $2b Refinery Expansion Deal With Daelim

Tehran has finalized an agreement worth $2 billion (2.3 trillion won) with South Korea's Daelim Corporation to renovate and expand a refinery in Isfahan Province, head of the National Iranian Oil Refining and Distribution Company, Abbas Kazemi, said on Friday.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners