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FinancialNews


  • 17-04-21

    Iran inaugurates 2 major petrochemical catalyst production projects

    (MENAFN)Iranian President Hassan Rouhani ordered the official launch of two major petrochemical catalyst production projects valued at about USD10 million in central Markazi Province through videoconference.

    Rouhani launched the knowledge-based projects for the production of polypropylene and high-density polyethylene (HDPE) catalysts in an online ceremony that were applied for the first time in the country with Iranian technical knowledge.

    All the equipment and machinery used in the stated catalyst production units were made inside the country by capable Iranian engineers and experts.

    The production capacity of the polypropylene catalyst unit is set to be 12 tons per year, equal to 30 percent of the requirements of the country’s petrochemical industry; this unit can be further improved to completely convene the requirements of the country.

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