The project of installing 8 spherical petrochemical tanks of Mehr Petrochemical
With the implementation of this project, the polypropylene chain will be developed from the path of converting propane to propylene, which will create a significant currency gain from the place of export of the final product while providing feed for downstream industries This project has been introduced as one of the high priority and necessary projects by the honorable Ministry of Oil The amount of employment of this project during the construction period is more than 7000 people directly and indirectly, and during its operation, the amount of employment will be about 3000 people directly and indirectly Considering the approximate price PP which is currently equivalent to approximately $950 per ton, petrochemical plan PDH/PP After the exploitation and export of the product, it is able to generate foreign currency income equal to 427 million dollars per year
Mehr Petro Kimia Petrochemical Project is in line with the strategic plans of the third leap of the petrochemical industry and in order to move from selling raw materials, to diversify the portfolio of downstream products and to create a balance in the downstream products of the petrochemical industry by obtaining an establishment license from the Bushehr Province Industries and Mines Organization and purchasing land. It is defined in the site of downstream industries (east of Asalouye) The implementation process of this project was practically stopped until the end of 2019, and from this date, with the new management team of the useful economy group and the activation of its driving engine, it managed to achieve a progress of 33% in a period of less than two years
Competitive advantage of the product: Propylene as caviar of petrochemical industry
Competitive advantage of technology: Project licenses
Easy access to food in Asalouye special region (15% of the world’s gas reserves are in Iran)
The growing market for polypropylene demand (65% of the propylene consumption market) and proximity to export markets
Regional strategic location and access to open waters and existing export bases to facilitate product export
The possibility of developing the product supply chain to the strategic downstream products of the petrochemical industry
High return on investment
Propylene is one of the seven main and basic materials of petrochemicals, which accounts for more than 25% of the world’s production. The growing need for propylene in the country and the growth of export markets double the importance of this material. Considering that the ratio of the production capacity of ethylene to propylene in Iran is more than 8 times and in European countries and America is about 1.5 times on average, the production in this project helps to eliminate the imbalance in the development of the petrochemical industry of Iran. And the development of low-income industries will slow down
