175,000 Tons Added to Petrochem Output

To help complete the value chain in the petrochemical sector, Miandoab Petrochemical Complex in West Azarbaijan Province became operational on Thursday, managing director of the plant said.
"With annual capacity of 175,000 tons, the plant converts ethylene to higher value-added products namely heavy polyethylene, linear and light polyethylene," Ahad Mahdavi was quoted as saying by IRNA.
Built over 22 hectares and costing $120 million, the plant was completed in seven years, and Bakhtar Petrochemical Company -- the main shareholder (70%) -- acquired the licenses from Japan's Mitsui & Co., Ltd. Company, he said. The other stakeholder is Poushineh Methanol Company (30%). 
The plant will get 140,000 tons of ethylene per year via the West Ethylene Pipeline.