Three Petrochemical Projects Go on Stream

President Hassan Rouhani inaugurated three major petrochemical ventures in the southern city of Asalouyeh in Bushehr Province on Tuesday, in a ceremony attended by Oil Minister Bijan Namdar Zanganeh and other officials.

According to NIPNA, the National Petrochemical Company’s official news agency, the projects, namely Marjan Petrochemical Company—aka 7th Methanol Project—in Phase 2 of South Pars in Asalouyeh, Phase 3 of Pardis Petrochemical Company and a power plant in Damavand Petrochemical Complex officially became operational.

The projects have been implemented with a total investment of $1.85 billion