Home / Knowledge / News / Textiles / Iranian President launches two key petrochemical projects
Iranian President launches two key petrochemical projects
31
Dec '12
courtesy: FARS
courtesy: FARS
President of Iran Mahmoud Ahmadinejad has inaugurated two key energy projects in Assalouyeh-based Pars Special Economic Energy Zone (PSEEZ).
 
Forming a part of the Mehr Mandegar (Lasting Kindness) projects, the two projects are West Ethylene Pipeline project and Kavian Petrochemical Plant project, both in Southern Iran.
 
The President inaugurated the second phase of PSEEZ-based Kavian petrochemical complex and first phase of the West Ethylene Pipeline.
 
Commissioning of the second phase has raised the production capacity of Kavian Petrochemical Plant, one of the world’s biggest ethylene producing plant, to two million tons of ethylene annually.
 
The designing and most of the machinery at the Kavian plant is made domestically.
 
Ethylene produced at PSEEZ-based Kavian petrochemical complex would be transferred to other complexes in Western Iran including Kermanshah, Mahabad, Lorestan, Andimeshk, Kurdistan and Miyandoab through the West Ethylene Pipeline, while the surplus would be transferred to petrochemical plants in Southern Iran-based Mahshar Special Economic Zone.
 
The first phase of the West Ethylene Pipeline, the other project inaugurated by the President, stretches 1200 km and is considered to be the world’s longest ethylene pipeline.
 
The 8-24 inch pipeline would transfer around 1.5 million tons of ethylene with Kavian contributing 1 million tons and Morvarid petrochemical plant contributing the rest 0.5 million tons.
 
Located in the country’s Southern city of Assalouyeh – PSEEZ was set up in 1988 to exploit oil and gas resources of Persian Gulf-based South Pars gas field and to promote commercialization in areas of oil, gas and petrochemicals.
 
The world’s biggest natural gas condensate, South Pars is divided between Iran and Qatar. According to the International Energy Agency (IEA), the field has around 50 billion barrels or 7.9 billion cubic meters of natural gas and about 1,800 trillion cubic feet or 51 trillion cubic meters of in-situ natural gas.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 28th Apr 2017

Continue existing Duty Drawback, ROSL scheme post GST: TEA

Tiruppur Exporters' Association (TEA) has made requisitions to...

Apparel/Garments | On 28th Apr 2017

Deckers Brands starts review of strategic alternatives

Deckers Brands, a global leader in designing, marketing and...

Courtesy: AAFA

Fashion | On 28th Apr 2017

Andrew Rosen, Stuart Vevers among AAFA awardees

Andrew Rosen, founder and CEO of Theory, Stuart Vevers of Coach, Nick ...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X