Petrochemical Complex in Bushehr Waiting for Funds

Construction of Dena Petrochemical Complex in Asalouyeh, southern Bushehr Province, has registered 65% progress and is expected to be completed in early 2023 if the required funds are available on time, managing director of the project said.
“The project needs $178 million from the National Development Fund of Iran. If the money is available the plant will open by March 2023," Abolqasem Sharifi was quoted as saying by the Oil Ministry news agency Shana.
Built on seven hectares in the Pars Special Economic Zone, Dena Petrochemical Plant is designed to produce 1.65 million tons of methanol per annum. Equipment and machinery are being manufactured by domestic companies. 
“Despite the coronavirus outbreak, work is making progress but with delays,” Sharifi said, hoping that the job can be done in about 30 months.