Seven petrochemical projects to go on stream in Iran

A total of seven petrochemical projects will go on stream in Iran’s Pars Special Economic Energy Zone in Assaluyeh, Bushehr Province by mid-March 2018, a senior official said in a report. Forty petrochemical facilities are currently in operation in Pars Special Economic Energy Zone, Marzieh Shahdaei, head of National Petrochemical Company of Iran (NPC), was quoted as saying in an Iran Daily News report, citing Shana. Iran is one of the few countries having abundant supply of petrochemical feedstock, she added. The country has announced ambitious plans to build at least eight new condensate refineries in Pars Special Economic Energy Zone. This is meant to prevent further sales of raw material in favour of selling end products. Once fully operational, the eight refineries will have a daily production capacity of 24,800 barrels of condensates, added the report.