The first phase of Ilam petrochemical complex, the largest petrochemical industry investment in Western Iran, will be inaugurated officially in the near future.
The petrochemical complex has been build with the aim of producing strategic petrochemical products including 460 thousand tons of ethylene, 120 thousand tons of propylene, 140 thousand tons of pyrolysis gasoline, 85 tons of four carbon cuts and 33 thousand tons of fuel oil.
Iranian experts launched the 300 thousand tons heavy polyethylene unit of the complex recently which is expected to be become operational fully in near future.
Furthermore, all the utilities including power plant, water and steam generating units are complete and would become operational gradually.
Managing director of Ilam petrochemical plant Javad Kamari said earlier that the West Ethylene Pipeline has been linked to Ilam Petrochemical complex through a 132 km offshoot which its construction is almost complete and will provide the feedstock needed for heavy polyethylene unit of the complex.
Kamari continued that Commercial Petrochemical Company with 57 percent of the shares is the largest shareholder of the complex while Pension Fund and Shasta each with 17 percent and Maroon with 7 percent are the next main shareholders.
According to the official, in addition to West Ethylene Pipeline, Ilam gas processing plant is the other source of providing feedstock for the complex through three ethane, LPG and gas condensate pipelines.
He said the second phase of Ilam petrochemical complex with annual production capacity of 460 thousand tons of ethylene will become operational within two years if financial needs to be provided on schedule.