Lordegan Petrochemical Company’s Monthly Output Rise by 540% YOY

The production of Lordegan Petrochemical Company in the southwestern Chaharmahal-Bakhtiari Province in the second month of the current Iranian year (April 21-May 21) has increased by 540% compared with the same period of last year.
The company has been able to reach a production of over 71,100 tons of products in the same period, the Oil Ministry’s news agency Shana reported.
It has also set a record of 3,600 tons of daily loading of products from the factory to ports for export.
With annual production capacity at 670,000 tons of ammonia and 1 million plus tons of urea, the complex is the sixth petrochemical company in Iran set up by domestic engineers.
LPC is a subsidiary of the Iranian Investment Petrochemical Group, located 55 km off the city of Lordegan. An estimated $800 million have been invested in the two production units of the company.
The ammonia unit in the western province started production two years ago and its urea unit came on stream last year.
Ammonia is used mainly in the production of fertilizers and chemicals like ammonium nitrate, ammonium sulfate, mono ammonium phosphate, diammonium phosphate and urea.
More than 90% of the world’s industrial production of urea is used as a nitrogen-release fertilizer and as raw material in other industries.
Iran is self-sufficient in urea production. In two years, urea output is expected to reach 14.7 million tons per annum from 7.4 million tons now after new plants open.
The country plans to add 8.4 million tons per year to ammonia output by 2026 with 20 new plants. The cost of the new units is estimated at $2 billion.