Rouhani to Visit Asalouyeh

President Hassan Rouhani is due in the southern city of Asalouyeh in Bushehr Province this week to inaugurate petrochemical ventures. According to NIPNA, the National Petrochemical Company's official news agency, the projects include Marjan Petrochemical Company—aka the 7th Methanol Project—in Phase 2 of South Pars in Asalouyeh, Phase 3 of Pardis Petrochemical Company, with a capacity of 1.7 million tons of urea and ammonium as well as a power plant in Damavand Petrochemical Complex that provides utilities and offsite services required for petrochemical projects at Phase 2 of Pars Special Economic Energy Zone. Reportedly, the initiatives were completed at an estimated cost of $570 million.