{"id":2837,"date":"2018-09-04T22:05:29","date_gmt":"2018-09-04T22:05:29","guid":{"rendered":"https:\/\/madaresharghi.com\/?p=2837"},"modified":"2018-09-04T22:05:29","modified_gmt":"2018-09-04T22:05:29","slug":"iran-inaugurates-1-85-billion-worth-of-petrochemical-projects","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/iran-inaugurates-1-85-billion-worth-of-petrochemical-projects\/","title":{"rendered":"Iran inaugurates $1.85 billion worth of petrochemical projects"},"content":{"rendered":"<p> President Hassan Rouhani on Tuesday inaugurated the operation of a project creating 3.4m metric tons per year (mt\/y) of new methanol, urea and ammonia capacity at a cost of $1.85 billion.<\/p>\n<p>The projects are Marjan Methanol\u2019s 1.65 million mt\/year unit, along with 1.75 million mt\/y urea and ammonia unit of Pardis Petrochemical Complex in Iran\u2019s energy hub of Assaluyeh.<\/p>\n<p>\u201cThe country\u2019s petrochemical and polymer production capacity is currently around 62.15 m mt\/year. With the inauguration of Pardis and Marjan petrochemical plants, this capacity will pass 65.55 million mt\/year,\u201d said Reza Norouzzadeh, managing director of National Petrochemical Company.<\/p>\n<p>A third project to generate 648 megawatts of power also became operational. Phase One of Damavand Petrochemical Utility Plant will provide electricity to 12 petrochemical facilities on top of 780 metric tons of steam, Shana said.<\/p>\n<p>The 12-turbine Damavand plant is being developed in three phases with the ultimate capacity to generate 1,900 MW of power plus industrial water, oxygen, steam and wastewater treatment for petrochemical units.<\/p>\n<p>Pardis Petrochemical Plant also got its third urea and ammonia unit up and running, making the 5.26m mt\/y facility the biggest producer of the molecules in the world, according to Shana.<\/p>\n<p>Addressing the ceremony, President Rouhani said the launch of the petrochemical projects in one day shows that Iran can \u201covercome all problems and the enemies will not be able to stop the Iranian nation\u2019s path to progress.\u201d<\/p>\n<p>\u201cPutting these projects into operation is a great step toward employment for the youth, self-sufficiency\u2026 and bringing more forex into the country.\u201d<\/p>\n<p>Rouhani suggested that the United States is trying to pressure Iran through sanctions, though he did not explicitly name the US.<\/p>\n<p>\u201cThe enemy says \u2018I want an Iran that\u2019s in my control, that\u2019s in my fist,\u2019\u201d Rouhani said. \u201cThis is impossible&#8230;They want to pull us back 40 years, to surrender.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Hassan Rouhani on Tuesday inaugurated the operation of a project creating 3.4m metric tons per year (mt\/y) of new methanol, urea and ammonia capacity at a cost of $1.85 billion. The projects are Marjan Methanol\u2019s 1.65 million mt\/year unit, along with 1.75 million mt\/y urea and ammonia unit of Pardis Petrochemical Complex in Iran\u2019s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[28,639,960,961,168],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Iran inaugurates $1.85 billion worth of petrochemical projects - madaresharghi | An Analytical Look at Middle Eastern Developments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/madaresharghi.ir\/en\/iran-inaugurates-1-85-billion-worth-of-petrochemical-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iran inaugurates $1.85 billion worth of petrochemical projects - madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"og:description\" content=\"President Hassan Rouhani on Tuesday inaugurated the operation of a project creating 3.4m metric tons per year (mt\/y) of new methanol, urea and ammonia capacity at a cost of $1.85 billion. 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