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Iran's NPC plans more investments at Bandar Assaluyeh.(new construction projects)(National Petrochemical Co.)(Brief article)

Chemical Week

| July 26, 2006 | COPYRIGHT 2003 Chemical Week Associates. (Hide copyright information)Copyright

National Petrochemical Co. (NPC; Tehran) says it plans to spend $14 billion over the next five years to expand the Bandar Assaluyeh, Iran petrochemical complex. NPC's projects director Mahdi Saqafi says engineering work on some of the projects is under way. They include Mehr Lavan Urea and Ammonia Co.'s fertilizer complex, and Mobin UT's second-phase utilities complex. Further details were not disclosed, however.

Separately, NPC says construction work on Jam Petrochemical Co.'s Olefins 10 complex at Bandar Assaluyeh is nearing completion. Jam's 1.32-million m.t./year ethylene plant is being delivered by Technip and Nargan …

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