‘Iran petchem unaffected by sanctions’

Ahmad Reza Heidarnia stressed on Tuesday afternoon that the sanctions against the Iranian petrochemical industry have been unsuccessful in bringing development projects in the related sector to a standstill.

The remarks come as Iran’s western province of Kermanshah is soon to become the country’s new hub for petrochemical production.

The launching of Kermanshah Polymer Complex, Bistoon Petrochemical Complex, Urea and Ammonia Complex along with the LAB (linear alkyl benzene) project in the province is currently underway and meant to fulfill the objective.

Meanwhile, Heidarnia said on May 25 that two major petrochemical projects in the country’s Pars Special Economic Energy Zone (PSEEZ) will come on stream in the near future.

The West Ethylene Pipeline, which will transfer ethylene from Assaluyeh in the southern Iranian province of Bushehr to the petrochemical complexes in Iran’s western provinces, and the Kavian Petrochemical Complex with the annual petrochemical production capacity of 2.18 million tons are the two major projects that are expected to become operational in the PSEEZ.

Iran also inaugurated three important petrochemical projects in the country’s Mahshahr Petrochemical Special Economic Zone on Monday.

The Islamic Republic has expanded the range and volume of its petrochemical products significantly over the past few years, and the NPC has become the second largest producer and exporter of petrochemicals in the Middle East after Saudi Arabia.

The Islamic Republic exported a total of 18.2 million tons of petrochemical and polymer products, worth about $14.2 billion, to more than 60 countries in the last Iranian calendar year (ended March 19, 2012).

MP/HJL/MA

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