MOSCOW (MRC) -- Lorestan Petrochemical is in plans to shut a linear low density polyethylene (LLDPE) plant for maintenance turnaround, informed Apic-online.
A Polymerupdate source in Iran informed that the plant is likely to be shut in March 2015. The duration of the turnaround could not be ascertained.
Located in Iran, the plant has a production capacity of 300,000 mt/year.
As MRC informed previously, it has been more than 50 years that Iran started producing petrochemical products and Iran National Petrochemical Company (NPC) is celebrating its anniversary this year.
Iran, as one of the main energy hubs in the world, with huge oil and gas reserves, is one of the leading producers of petrochemical products in the world.
In 2006, the total consumption of different polymer products was 202 million metric tons and it is estimated this figure reach to 316 million metric ton by 2016. This means only countries with huge feeding materials can be successful on raising production level, and gladly Iran is among one of those countries.
Currently number of active Iranian Petrochemical complexes are 53, with total production capacity of 59 million metric ton, producing range of polymers, chemicals, aromatics & liquid gas, located mainly at Iranian south region, next to Persian Gulf, called Assaluyeh and Mahshahr Special Economic Zones.
At the moment, there are 67 developments projects in the country which are under construction, adding 61 million metric ton on total production and estimated to fully run till 2018.