Jan 29, 2016, 10:30 PM
News Code: 81940602
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Major petchem project to add 50% to Iran output

Tehran, Jan 29, IRNA - Iran is building a major petrochemical project which, once completed, will add 30 million tons to the country's current annual 60 mt/y petrochemical output.

Managing director of Damavand Petrochemical utility project Hossein Shahryari said on Wednesday that the project will bring Iran's petrochemical output to 90 mt/y once completed, Shana quoted him saying.
Turbines 1 and 2 of the €3b project's generation station have been installed and installation of the 3rd and 4th ones began on Wednesday in Assaluyeh, south of Iran.
The new turbines purchased from Iranian industrial group MAPNA will increase Damavand plant’s generating power to 648 megawatts.
With the installation of 12 gas turbines, the total outage of the Damavand plant after completion of three phases will reach 2,000 megawatts.
Iran's National Petrochemical Company (NPC) has financed the project which has been mostly developed by domestic contractors, said Shahryari.
Damavand petrochemical project is being completed to supply utilities for Assaluyeh II petrochemical complex. The project will offer power, steam, water, industrial wastewater facilities as well as insulators to 24 nearby petrochemical plants in Pars Special Economic Energy Zone.