Iran's Mega Petrochem Project 80 Percent Complete
Masjed Soleyman petrochemical project’s Phase 1 is projected to come on stream by March 2019.
The complex will have a capacity to turn 30 million cubic meters of gas into intermediate and final petrochemical products
The construction operation of the mega petrochemical project in the city of Masjed Soleyman in southern Khuzestan Province is in a good stage of development, the CEO of Masjed Soleyman Petrochemical Industries Company said.
"The project's Phase 1 has registered 80.11% progress and is projected to come on stream by the end of the current fiscal year [March 2019]," Yousef Davoudi was also quoted as saying by NIPNA on Monday.
"The completion of the complex's utility facilities and installation of pipelines are also high on the agenda of the current year," he added.
Davoudi noted that the project will help boost the petrochemicals' share of value-added exports.