Work is in progress at the Miandoab Petrochemical Complex in West Azarbaijan Province and production is slated to begin in the second half of the current fiscal that started in March, head of National Petrochemical Company said.
"The plant will convert ethylene to higher value-added products, namely heavy polyethylene, linear and light polyethylene with annual capacity of 175,000 tons," Behzad Mohammadi was quoted as saying by NIPNA, the National Petrochemical Company's news agency.
Bakhtar Petrochemical Company—the main shareholder of the venture—acquired the licenses from Japan's Mitsui & Co., Ltd. Company, Mohammadi said, adding that the plant will get 140,000 tons of ethylene per year via the West Ethylene Pipeline.
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