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FinancialNews


  • 26-12-20

    Presidant of Iran launches petchem projects of USD 1125.17M

    (MENAFN)According to IRNA, on Thursday, President Hassan Rouhani launched five petrochemical projects with a total investment of "916 million (about USD 1125.17) in three provinces via video conference.

    The stated projects went operational in Ilam, Hamedan, and West Azarbaijan in the 38th series of launching ceremonies in the present year.

    With the mentioned projects going operational, over 900,000 tons have been added to the country"s yearly petrochemical production capacity.

    The projects include the second advance phase of Ilam Petrochemical complex, Hegmataneh Petrochemical complex in Hamedan, and the Potassium sulfate unit of Urmia petrochemical company (UPC) in West Azarbaijan.

    MENAFN26122020000045011369ID1101341258

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