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Petrochemical Industries
Monday, 25 December 2006 14:54
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Petrochemical Industries

Petrochemical Industries


Petrochemical Industry plays a significant role in Iran’s economy; it supplies ‎feedstock and raw material to many local downstream industries, produces and ‎exports petrochemical products, creates jobs and is an important source of ‎generating foreign currency. Therefore, petrochemical units will be constructed in the PSEEZ.‎‎

A plot of land with an area of ‎‏920‏‎ hectares spanning for ‎‏5‏‎ km from the western ‎side of the site, beside desalination and power plants, to entrance road of the port ‎‎(borderline between phases ‎‏4‏‎ and ‎‏5‏‎) is allocated to establish ‎petrochemical units.‎

The most important petrochemical projects in the PSEEZ are: ‎

· ‏9th Olefin, ‎‏10th Olefin, ‎‏4th Methanol, ‎‏4th Urea and Ammonia, Ethane ‎recovery, Styrene Monomer and Polystyrene, Petrochemical Port, ‎central utilities, ‎‏6th Methanol and DME.‎

· ‏11th Olefin, ‎‏12th Olefin, ‎‏6th Urea and Ammonia, ‎‏8th Urea and ‎Ammonia and HDP Assaluyeh.‎

9th Olefin Project‎ (Arya Sasol)

Operator: Arya Sasol Polymer Co. (Private Joint Stock)‎

Location: Pars Special Economic Energy Zone‎

Area: ‎‏72‏‎ hectares‎

Shareholders: Pars Petrochemical Company (‎‏50%‏‎), Sasol Polymers of Germany (‎‏50%‏‎)‎

Start of Project: ‎‏2003‏

Start of Production: ‎‏2006

Main Products:

Ethylene one million ton per year

Light poly-ethylene 300.000 tons per year

Heavy poly-ethylene 300.000 tons per year

10th Olefin Project ‎ (Jam)

Operator: Jam Petrochemical Co. (Private Joint Stock)‎

Location: Pars Special Economic Energy Zone

Area: ‎‏77‏‎ hectares‎, 22hectares in phase 2

Shareholders: The Social Security Organization (‎‏25.8%‏‎), The ‎Civil Servants Organization (‎‏23%‏‎)‎, National Retirement Investment Fund (24.6%), Edalat Broker (15%), Sata (9.2%), others (2.5%)

Start of project: ‎‏2000‏

Start of production: ‎‏2007‏

Main Products:

Ethylene 1.3 million ton per year

Propylene 305.000 tons per year

Light poly-ethylene 300.000 tons per year

Heavy poly-ethylene 300.000 tons per year

Poly-propylene 300.000 tons per year

11th Olefin Project ‎

Operator: Kavian Petrochemical Co.‎

Location: Pars Special Economic Energy Zone

Area: ‎‏43‏‎ hectares‎

Shareholders: NPC (‎‏17.5‏‎%), Bakhtar Petrochemical Co. (‎‏26‏‎%), ‎ Lorestan Petrochemical Co, ‎‎(‎‏6.5‏‎%), Kermanshah Polymer Co. (‎‏6.5%‏‎), Kordestan Petrochemical ‎Co. (‎‏6.5%‏‎) and Mahabad Petrochemical Co. (‎‏6.5%‏‎)‎

Start of project: ‎‏2005‏

Projected production date: ‎‏2011‏

4th & 6th Methanol Project ‎ (Zagros)

Operator: Zagros Petrochemical Co. (Private Joint Stock)‎

Location: Pars Special Economic Energy Zone

Area: ‎‏31‏‎ hectares

Shareholders: Ghadir Investment Co. (‎‏34‏‎%), Alyaf Morvarid (18.8%), Pooshine Industrial ‎‎(‎‏18.8‏‎%), Petroleum Industry’s Employees’ Pension & Welfare Fund ‎‎(‎‏17‏‎%)‎

Start of project: ‎‏2000‏

Start of production: 2006

Main Products:

Methanol 1.6 million tons per year (phase one)

Methanol 1.6 million tons per year (phase two- 2008)

4th Aromatic Project‎ (Nouri)

Operator: Borzuyeh Petrochemical Co. (Private Joint Stock)‎

Location: Pars Special Economic Energy Zone

Area: ‎‏61‏‎ hectares

Shareholders: NPC‎ (76.5 %), Tamin Petrochemical Industry Investment (17%), National Retirement Investment Fund (6.5%)

Start of project: ‎‏2000‏

Start of Production: ‎‏2007‏

Main Products:

Paraxylene 750.000 tons per year

Benzene 430.000 tons per year

o-Xylene 100.000 tons per year

LPG 76.000 tons per year

Centralized Utility, Phase 2

Operator: Damavand Petrochemical Co. (Private Joint Stock)‎

Location: Pars Special Economic Energy Zone

Area: ‎‏90‏‎ hectares (included water intake & water treatment)‎

Ownership: NPC (100%)

Start date: ‎‏2010‏

Projected production date: ‎‏2014‏

4th Ammonia & Urea Project (Pardis)

Operator: Ghadir Urea / Ammonia Petrochemical Co. (Private Joint ‎Stock)‎

Location: Pars Special Economic Energy Zone

Area: ‎‏26.2‏‎ hectares ‎

Shareholders: NPC (‎‏49‏‎%), Ghadir Investment Co. (‎‏51%‏‎)‎, Alvand Investment (31.5), Petrochemical Commercial Co. (17%)

Start of project: ‎‏2001‏

Start of production: ‎‏2009

Main Products:

Ammonia 680.000 tons per year

Granular Urea 1.07 million tons per year

6th Ammonia & Urea Project (Expansion of ‎‏4th Ammonia & Urea) ‎

Operator: Ghadir Urea & Ammonia Petrochemical Co. (Private Joint ‎Stock)‎

Location: Pars Special Economic Energy Zone

Area: ‎‏24‏‎ hectares ‎

Shareholders: NPC (‎‏49‏‎%), Ghadir Investment Co. (‎‏51%‏‎)‎

Start of project: ‎‏2004‏

Projected production date: ‎‏2006‏

8th Ammonia / Urea ‎

Operator: Lavan Chemical Co.

Location: Pars Special Economic Energy Zone

Area: ‎‏25‏‎ hectares ‎

Shareholders: International Petrochemical Co (20%), Arak Petrochemical Co. (20%), and Melli Bank ‎Investment Co. (‎‏5%‏‎), Sab Industries Ltd. (‎‏55%‏‎)‎

Start of project: ‎‏2010‏

Projected production date: ‎‏2013

12th Olefin Project ‎

Operator: Under assessment

Location: Pars Special Economic Energy Zone

Area: ‎‏62.3‏‎ hectares‎

Shareholders: private sector (‎‏100‏‎%)‎

Start of project: ‎‏2011‏

Projected production date: ‎‏2014‏

Ethane, Styrene Monomer & Polystyrene (Pars)

Operator: Pars Petrochemical Co. (Private Joint Stock)‎

Location: Pars Special Economic Energy Zone

Area: ‎‏23‏‎ hectares ‎(+14 hectares)

Shareholders: NPC (‎‏60‏‎%)‎, Sata (40%)

Start of project: ‎‏1998‏

Start of production:-2006‏

Main Products:

Ethane 1.6 million tons per year

Propane 980.000 tons per year

Butane 570.000 tons per year

Styrene Monomer 600.000 tons per year

HDPE (Assaluyeh) Project

Operator: National Petrochemical Company (NPC)‎

Location: Pars Special Economic Energy Zone

Area: ‎‏7.2‏‎ hectares ‎

Shareholders: NPC (‎‏40‏‎%), Thakland J.V (NPCT and CCC Companies) and ‎Japanese Itochu Co. (‎‏60%‏‎)‎

Start of project: ‎‏2004‏

Projected production date: ‎‏2008‏

DME Project

Operator: Zagros petrochemical Co. (Private Joint Stock)‎

Location: Pars Special Economic Energy Zone

Area: ‎‏6‏‎ hectares ‎

Shareholders: NPC (‎‏100‏‎%)‎

Start of project: ‎‏2004‏

Projected production date: ‏2008