Related Keywords: construction of a cracker ethane facility, Deputy Minister of Petroleum Marzieh Shahdaie, establishment of two facilities, French energy giant, invest up to two billion dollars, Iran petrochemical industries, petrochemical sector, production of a special grade of polyethylene, Total, turn ethane into ethylene
Total, a French energy giant in the petrochemical sector will invest up to two billion dollars in Iran's petrochemical industries, said Deputy Minister of Petroleum Marzieh Shahdaie.
The agreement has been reached for establishment of two facilities for production of a special grade of polyethylene, each facility running with 500,000 tons annual production capacity.
Shahdaie added that furthermore, agreement has been reached for construction of a cracker ethane facility to turn ethane into ethylene – 1,200,000 tons a year production capacity.
