Petrochemical Industry Clinic Launched at Amirkabir University of Technology
“Increasing productivity, reducing energy and gas consumption, moving towards green methanol, blue methanol, and the methanol conversion chain are among the frameworks of cooperation between Zagros Petrochemical Company and Amirkabir University of Technology,” Mohammad Rahmani said.
He added that good opportunity has been created in cooperation between Amirkabir University of Technology and Zagros Petrochemical Company to establish a petrochemical industry clinic to use the capacities towards the development of innovation and technology ecosystem.
“Zagros Petrochemical Company enjoys a set of different technologies in the field of chemical engineering, which include various sectors of gas purification, synthesis gas production, methanol production and processing, and exports, Rahmani said, adding, “A new thing that this company has recently done is to move towards supplying feedstock from flare gases.”
Iran gained 3.39 billion dollars from the exports of petrochemicals in the three months to June 20, an official said in August.
Ahmad Mahdavi, the secretary of Iran's Association of Petrochemical Industry Corporation, announced that petrochemical output in Iran had reached a total of 20.41 million tons in the June quarter.
He added that the exports had accounted for 7.74 million tons of Iran's petrochemical output in the three months to late June, adding that petrochemical companies had also sold nearly three million tons of products to domestic customers over the same period while consuming the rest of the output as feedstock.
Mahdavi said this calendar year’s exports of petrochemicals from Iran would definitely exceed figures reported in the year to March 2023.
The official noted that the Iranian central bank had committed to provide funding to a total of 11 new petrochemical projects whose investment value is below $50 million.
He said that the Iranian petrochemical companies seek to invest some $8 billion in development projects in the country’s oil and gas sector, adding that the investment could lead to an increase of 200 million cubic meters per day in Iran’s natural gas production, allowing petrochemical plants to increase their output.
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