Iran breaks ground on $52 mln ethylene pipeline to connect Tabriz Petrochemical Co to Miandoab Petrochemical Co

10-Jan-17

Iran broke ground on a US$52 mln (2.1 trillion rials) pipeline project to connect Tabriz Petrochemical Company in East Azerbaijan Province to Miandoab Petrochemical Co. in West Azerbaijan Province. Oil Minister Bijan Namdar Zanganeh did the honours. The 154 km pipeline will feed 200,000 tons of ethylene annually from Miandoab to Tabriz for production of a wide range of petrochemicals, Shana reported.
Tabriz Petrochemical Co. and Ghadir Investment Company, a subsidiary of Bank Saderat Iran will provide funding for the project. The petrochemical complex in Tabriz has an annual production capacity of 370,000 tons, but the capacity is set to double upon the pipeline's completion by 2021.

According to reports, the complex is also planned to receive ethylene and naphtha from Kavian Petrochemical Complex, Iran's largest ethylene production plant in the southern city of Asalouyeh, through a 1,200-kilometer pipeline that runs from Asalouyeh through the country's northwestern regions.