15236
Steel Plates for Oil,  Cement Industries
Economy, Business And Markets

Steel Plates for Oil, Cement Industries

Khuzestan Oxin Steel Company, located in the southwestern city of Ahwaz, unveiled its new steel plates during a ceremony attended by the head of the Civil Servants Pension Organization (CSPO), IRNA reported on Tuesday.
The new plates, known as A537CL2, were ordered by the Iranian Oil Terminals Company (IOTC) to be used in oil storage tanks.
The plates are used in oil tanks and pressure vessels, the thickness of which ranges from 10 to 120 millimeters, while the widths are between 1,100 and 4,500 millimeters, said Mohammad Hizom, the company's metallurgical unit manager.
Oxin Company, one of the subsidiaries of the CSPO and the first producer of heavy and wide heat-treated plates in the Middle East, says the plates were formerly imported from Europe and East Asia and that the entire production process has been designed and implemented by the company.
Another new product by the company, hard oxin, is an abrasion resistant steel plate used in cement and steel industries. Hard oxin has been produced for the first time in the country while the abrasion resistant plates were imported from Sweden before.
The country's steel sector is preparing for post-sanctions era and new export markets can be seized in the near future, said Akbar Mohaqeqi, the CSPO managing director. He added that the steel industry in Iran is now capable of producing different structural and industrial steel as well as wide steel plates.
According to Mohaqeqi, CSPO is planning to invest €670 million in steel and petrochemical industries in Khuzestan Province and Asaluyeh in Bushehr Province.
According to the CSPO head, as the financier for industrial projects, €350 million will be invested in steel projects, while €320 million will be funded for the second phase of Jam Petrochemical Complex.

Short URL : http://goo.gl/wI8FaE

You can also read ...

Qualcomm is already working on 5G trial networks across the globe.
The first mass-market 5G smartphones will become commercially...
Gov’t Sole Guarantor of Foreign Finance Deals
Following misleading reports in the media, the Central Bank of...
Iran Trade Mission Heads for Croatia
An Iranian delegation comprising 30 members of Iran Chamber of...
On-Demand Laundry App Launched
A local startup dubbed ‘Paklean’ has launched a new service...
Solutions for Banking Reforms
The Institute for Trade Studies and Research, affiliated with...
Famous developers will speak at the conference.
The second Iran iOS Developers Conference will be held in...
Cooperatives Minister Ali Rabiei (3rd R) attended a meeting with German entrepreneurs and industrialists in Tehran on Sept. 18.
Two major banks and 10% of Iran’s stock exchange market are...
 CBI Governor Valiollah Seif (3rd L) is flanked by Mohammad Shariatmadari (4th L) and Ali Rabiei(2nd L) in the meeting.
Governor of the Central Bank of Iran joined hands with the...

Trending

Googleplus