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FinancialNews


  • 10-03-19

    Iranian firm seeks petrochemical projects

    (MENAFN) Iranian Gulf Petrochemical Industries Company is mulling over means to strengthen the petrochemical sector within the country.

    Managing Director Jafar Rabiei confirmed the Iranian country to be preparing for the launch of three petrochemical projects that would take few months to run.

    According to the company's official, "Bid Boland Gas Refinery in Khuzestan Province, urea and ammonia units of Lordegan Petrochemical Complex in Chaharmahal and Bakhtiari Province, and two olefin plants at Ilam Petrochemical Complex, costing over 4 billion U.S. dollars, will be launched."

    Rabiei further highlighted the anticipation for the commencement of Gachsaran Petrochemical Company in Kohgiluyeh and Boyer-Ahmad Province next year.

    MENAFN1003201900450000ID1098231289

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