Iran to become leading exporter of polyethylene
Iran will be among the leading exporters of polyethylene in the world by 2007 with the implementation of a project to transfer polyethylene to western provinces by pipeline.
According to a Sunday report in the Persian language daily Etemad, the project will transfer some 1.5 million tons of ethylene from Assalouyeh and Mahshahr to five provinces of Kohgilouyeh and Boyerahmad, Lorestan, Kermanshah, Kurdestan and West Azarbaijan.
The 1,650 kilometers transfer pipeline would provide feedstock for projects of five petrochemical complexes.
In the 11th olefin project, only one ethylene production unit will produce 1.2 million tons per year. Some 360,000 tons of ethylene excess capacity of the 8th olefin project would also enter this pipeline.
It is predicted the five complexes would sell $1.11 billion.
The 11th olefin project in Assalouyeh, fed by 1.5 million tons of ethane per year, will produce 1.2 million tons of ethylene.
Total investment of this project, including the olefin unit, pipeline and five petrochemical complexes in western parts of the country, is estimated at $1.629 billion in addition to 4,480 billion rials. (menareport.com)
© 2004 Mena Report (www.menareport.com)