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Iran's ethylene pipeline project set to become operational
28
May '12
The West Ethylene Pipeline project as well as the Kavian Petrochemical Complex, situated in Iran's Pars Special Economic Energy Zone would soon become operational, the National Iranian Petrochemical Company (NIPC) has announced.

Ahmad Reza Heidarnia, Director (Projects) at the NIPC, said the West Ethylene Pipeline will transfer ethylene from the Pars Special Economic Energy Zone situated in Assaluyeh in Bushehr, southern Iran, to petrochemical complexes in western provinces of Iran.

The pipeline project has a capacity of 2.5 million tons per annum and will reduce the current concentration of petrochemical industries from Iran's southern provinces to the country's western region.

The inauguration of new pipeline project, and the setting up of 11 petrochemical complexes along the pipeline, would boost Iran's petrochemical capacity by 3.5 million tons per annum.

Last week, three petrochemical projects in the country's Mahshahr Petrochemical Special Economic Zone went operational.

In recent years, Iran has significantly widened its petrochemical industry and the NIPC has become the second-largest manufacturer and exporter of petrochemical products in the Middle East after Saudi Arabia.

In the last Iranian calendar year that ended on March 19, 2012, the country exported US$ 14.2 billion worth of polymer and petrochemical products weighing 18.2 million tons, to over 60 countries.

Fibre2fashion News Desk - India


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