The heavy polyethylene project at Tabriz Petrochemical has an annual production capacity of about 310,000 tons and currently has nearly 80% physical progress. Seyed Noorollah Mirashrafi, the CEO and Vice Chairman of the Board of Directors of this company, stated on the sidelines of the initial public offering ceremony of this company on the Tehran Stock Exchange that this complex was inaugurated in 1996 and currently has 20 production units.
Development and Financial Resources
Mirashrafi added that 9 developmental projects have been defined at Tabriz Petrochemical, and with their implementation, it can be said that Petrochemical No. 2 of Tabriz is practically taking shape. He also emphasized that the physical progress of the heavy polyethylene project will reach 90% and that financial resources for this project have been well secured.
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Reduction of Water Consumption and Environmental Challenges
The CEO of Tabriz Petrochemical regarding the reduction of water consumption in this complex said: The project for using treated wastewater at Tabriz Petrochemical has been defined, which will reduce water consumption in the relevant section by about 70% upon its operation. Additionally, a hybrid cooling project is also underway, which is expected to be operational by June or July of next year.
Mirashrafi also referred to the supply of feedstock for this complex and stated that the main feedstock for Tabriz Petrochemical is crude oil, and considering the proximity of the complex to the Tabriz refinery, 30 to 40% of the required feedstock is supplied from this refinery. He added that negotiations are ongoing with several investment groups for new projects, and we hope they will be operational in the near future.
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