NPC News Bulletin
May-June.2005 No.63
President Khatami inaugurates a wave of NPC projects
In a landmark ceremony held on 11 June 2005, Iranian President
Seyyed Mohammad Khatami inaugurated five petrochemical projects
located at Bandar Imam Petrochemical Special
Economic Zone,
on the northern coast of the Persian Gulf, south of Iran.The
projects included 4 NPC facilities and one privately owned plant.
The NPC projects were Amir Kabir or
olefin no. 6,
Buali Sina or aromatics no. 3, Shahid Tondguyan’s first PTA/PET complex and a tank
farm facility.
The fifth project is owned privately by
Navid Zar Chimi Company.
Addressing the inaugural ceremony, President Khatami said when he
took office in 1997, his government decided to define afresh the
oil utilization policy in the country not as a disposable
commodity rather as a buttress for development to convert “this underground wealth to a
wealth on the ground” and generate added value. On this
basis, he said, attention was given to expanding the
petrochemical industry.
Khatami said “In 1998-99, we announced that we
want to boost investment in the petrochemical industry to
increase our export revenues to $3bn”, adding that in the context of
such a decision, today, in both “Bandar Imam Khomeini and Assaluyeh
we can witness the emergence of one of the symbols of the country’s industrial prides and
entrepreneurship.”
President Khatami
said petrochemical sector had a sublime place in Iran’s non-oil exports noting that it
had transformed into a major industrial hub in the country.
He lauded the achievements in the Iranian petrochemical industry
and thanked and commended Petroleum Minister, Bijan Namdar
Zanganeh and, Deputy Petroleum Minister & NPC president,
Mohammad Reza Nematzadeh for their leadership and management in
developing the petrochemical industry.
Also speaking at the ceremony, Zanganeh said in the past 8 years,
some $18bn, including $12bn in foreign currency, has been
invested in Iran’s petrochemical industry. He said
in 1997, NPC’s sales was $1bn adding that the
figure jumped to $3.3bn in the past Iranian year which ended on
20 March 2005. Zanganeh said the sales revenue would reach $5.1bn
by the end of March 2006 and in 2007 it would rise to $8.5bn.
Petroleum Minister noted that NPC has planned to produce 75m
tonne/year of petrochemicals and has targeted sales of $20bn by
2014.
Amir
Kabir Petrochemical Company has implemented olefin No. 6 in a 55 hectares area. The
complex produces 520,000 tonne/year of ethylene, 158,000
tonne/year of propylene, 20,000 tonne/year of butene-1, 300,000
tonne/year of linear low-density/high-density polyethylene
(lldPE/hdPE), 137,000 tonne/year of pyrolysis gasoline, 51,000
tonne/year of 1-3 butadiene and 24,000 tonne/year of CFO. The
Company’s 140,000 tonne/year hdPE plant
was brought onstream in 2002.
Amir Kabir is also building a 300,000 tonne/year low-density
polyethylene (ldPE) plant. It has appointed a consortium
consisting of SembCorp Simon-Carves, Daelim Industrial and local
contractor Namvaran to carry out engineering, procurement and
construction work. The plant is expected to become operational in
2007
The propylene produced at Amir Kabir will be transferred to the
nearby Navid Zar Chimi Co. for the production of polypropylene.
Amir Kabir required feedstocks include ethane, butane, raffinate
(aromatics), C5cut, light ends and butene-1, ethylene and LPG
which will be supplied by facilities at the Zone.
Amir Kabir is 56% owned by NPC, 15% by Ministry or Petroleum’s Pension Fund, 20% by Social
Security Organization, 4% by National Pension Fund and 5% by
other investors.
The first phase of a purified terephthalic acid (PTA)
and polyethylene terephthalate (PET) complex has been implemented and is run by
Shahid Tondguyan Petrochemical Company (STPC).
The PTA/PET-1 covers an area of 15.7 hectares, it is 85% owned by
NPC and the remaining 15% belongs to Ministry of Petroleum’s Pension Fund.
The facility produces 350,000 tonne/year of PTA and 412,000
tonne/year of PET inclusive of 235,000 tonne/year of fiber grade
PET and 177,000 tonne/year of bottle grade PET.
The plant consumes paraxylene, acetic acid and ethylene glycol
which are supplied domestically. Its products are used in the
production of polyester fibers for textile industry, packing
industry and foodstuff containers.
Aromatics
No. 3 has
been carried out and is being run by an NPC’s subsidiary, Bouali Sina
Petrochemical Co. The facility started to yield on-spec product
on 2 May 2005. The project has the capacity to produce 400,000
tonne/year of PX, 30,000 tonne/year of orthoxylene, 179,000
tonne/year of benzene.
The PX output is meant to feed the nearby Shahid Tondguyan’s PTA units. The facility also
produces 199,000 tonne/year of raffinate, 23,000 tonne/year of
heavy aromatics, 39,000 tonne/year of LPG, 350,000 tonne/year of
light ends, 488,000 tonne/year of heavy ends and 21,000
tonne/year of C5 cut per year. It consumes condensates as well as
pyrolysis gasoline as its feedstock.
The first phase of the plant, including the pre-fractionation
unit, was completed and brought onstream in late 2003, and the
second phase was completed in the third quarter of 2004.
Implementation activities at the plant commenced in early 2000.
The project’s output is also used to produce
pharmaceuticals, insecticides, styrene monomer, ethylbenzene,
LAB, phenol which is feed for producing nylon, solvents and a
number of other chemicals.
The
tank farm facility
has been built to cater for the import requirements and the
export of products of petrochemical plants as well as swapping
the products there. The 27-hectare facility is located at site
No. 5 of the Petrochemical Special Economic Zone. It contains 19
storage tanks which will handle 117,000 tonnes of liquid
petrochemicals. The capacity of the smallest and largest tanks
ranges between 2,000 to 15,000 tonnes. A network of pipelines
connects the tank farm to an export jetty.
The tanks will store products such as acetic acid, di-ethylene
glycol (DEG), phenol, epichlorohydrin, aceton, orthoxylene (OX),
2-ethyl hexanol (2EH), dripoline pyrolysis gasoline (DPG),
naphtha, heavy-end aromatics and vinyl acetate monomer (VAM).
They will also be used for the storage and export of products
from other petrochemical plants including Tabriz, Esfahan and
Arak complexes that are not located at the Zone.
Apart from the two 15,000-tonne capacity tanks which are
earmarked for the export of heavy-end aromatics from Buali Sina
complex, the remaining tanks will serve a dual purpose of
exporting and importing products.
Four loading arms have been installed for truck loading while
barrel-loading equipment has also been built there. Meanwhile,
the possibility of constructing rail links for transportation of
products has also been envisioned.
Implementation work on this project began in 2001 and it was put
into operation in early 2004 by storing heavy-end aromatics from
Buali Sina complex. Privately-owned Navid Zar Chimi has also been officially opened by
President Khatami. It has a 160,000 tonne/year polypropylene
(PP) unit in
an area of 5.6 hectares adjacent to Amir Kabir Petrochemical Co.
Navid Zar Chimi receives propylene feedstock from Amir Kabir.
Prior to Amir Kabir’s coming onstream, it received its
feedstock from Bandar Imam Petrochemical Co.
NPC News Bulletin July 2005 No.65
NPC buys majority stake
in Bataan Polyethylene Plant
An NPC subsidiary, NPC International (NPCI) has agreed to acquire
a 60 percent stake in a new company that will take over the
Philippines' Bataan Polyethylene (BPC) located in the main island
of Luzon. NPCI signed the share purchase deal with the Filipino
group Metro Alliance Holdings and Equities. The new company is
named NPC Alliance Corp. BPC owns a 275,000 tonne/year
linear low-density polyethylene (lldPE)/high-density polyethylene
(hdPE) swing plant. NPCI and Metro Alliance Holdings and Equities
had earlier signed a long-term contract for the supply of
feedstock to the BPC.
イラン国営石油化学、フィリッピンのバターン・ポリエチレンの大株主に
イラン国営石油化学(NPC)の子会社,NPCインターナショナル(NPCI)はフィリッピンのルソン島にあるバターン・ポリエチレンの株式の60%を買収した。
バターン・ポリエチレンは当初、BP(39%)、マレーシアのペトロナス(39%)、住友商事(6%)、地元コンソーシアムProfinda Holdings(16%)のJVとして設立され、LL/HDPEスイングの275千トンのプラントを所有している。
2002年12月、BP等が業績の悪化から撤退を決め、その後、「プラスチック王」の異名を持つウイリアム・ガチャリアン氏が、同氏の出資するメトロ・アライアンス・ホールディングス・アンド・エクイティーズを通じ、買収した。
バターン・ポリエチレンは今回、NPCアライアンスと改称する。
NPCIとメトロ・アライアンスは昨年12月にバターン・ポリエチレン用のエチレンの供給契約を締結している。
2008/2/5 www.presstv.ir
Iran invests $125m in Philippines
The Director of Iran's International Petrochemical Company says Iran has invested $125 million in the Philippines petrochemical industry.
In an interview with IRNA on Tuesday, Mohammad Hadi Rahbari said the International Petrochemical Company has invested in a polyethylene company in the Philippines, which was renamed NPC-Alliance, to tune of 20 percent of its shares. 40 percent of the shares were bought by Iran's National Petrochemical Company (NPC) and the remaining 40 percent by the Philippines Polimax company.National Petrochemical Company 40%
International Petrochemical Company 20%
Philippines Polimax 40%This unit, whose target markets are the Philippines, Southeast Asia and Europe, produces 225 thousand tons of heavy polyethylene annually.
The International Petrochemical Company is a subsidiary of the National Petrochemical Company (NPC), which was founded in 1964. Today, NPC is the second largest producer and exporter of petrochemicals in the Middle East.
November 28, 2005 Manila Times
Iranian firm to invest in petrochem
An Iranian petrochemical company is expected to make fresh investments in the Philippines to revive a mothballed polyethylene production plant in Bataan, the Board of Investments (BOI) said.
The National Petrochemical Co., a subsidiary of Iran’s petrochemical giant NPC International, has agreed to infuse $100 million to reopen the Bataan Polyethylene Corp. (BPC) after buying out 60-percent stake of the NPC Alliance Corp. of the Gatchalian-owned firm Metro Alliance Holdings and Equities.
An official said the BOI will continue to give all the incentives earlier given to BPC because BOI policy allows for the transfer of incentives to a registered company.
However, since the BPC stopped its operations for one year, a new set of incentives would be given to the new operator, the BOI said.
“This is a first major Iranian investment in the country, which is expected to further develop the local petrochemical industry,” the official said.
With the Iranian firm’s entry, the Gatchalian group is now limited to a 40-percent stake in the NPC Alliance Corp.
Since Iran is a giant in the petrochemical business, the Philippines is already assured of technology transfer, the official said, adding that the joint venture is now eyeing to engage in downstream petrochemical production. Naphtha cracker production, however, is still not an option.
Earlier, NPC International Inc. (NCPI), an NPC subsidiary, signed the share-purchase agreement early this year with the Gatchalian group to operate the BPC.
NPCI and Metro Alliance Holdings and Equities had previously agreed to a long-term contract for the supply of feedstock to the BPC, which owns 275,000 ton/year linear low-density polyethylene (lldPE)/high-density polyethylene (hdPE) swing plant.
The plant, located at the PPDC Petrochemical Park in Mariveles, Bataan, ceased operations in August 2002, a year after it started commercial operation in February 2001.
Iran Daily 2006/9/23
Joint Petrochemical
Company Planned With Venezuela VenIran
Petrochemical Company
Venezuelan
& Iranian Petrochemical Co. (VIPC)
|
An Iranian-Venezuelan
petrochemical company will be established in Iran, announced a
senior petrochemical industry official here Saturday, IRIB News
reported.
Asghar
Ebrahimi-Asl, managing director of National Iranian Petrochemical
Industries Company, said that the Iranian company will hold a 51
percent stake of the joint company while the Venezuelan
Petrochemical Company will hold the rest.
He further noted
that the two states will also set up a petrochemical joint
company in Venezuela in which Iran will have a 49 stake.
Two methanol units
with a collective capacity of 6.6 million tons will be built in
Iran and Venezuela, he said, adding that the said units will have
the same features as Zagros Petrochemical Company in Asalouyeh,
Bushehr province.
Some $1.6 billion
will be required to establish the units, thus the Iran and
Venezuela are to invest in the lucrative projects on a 50-50
basis.
“Once the
methanol units become operational, Iran will gain access to Latin
American markets, especially in Brazil, while Venezuela will be
able to reach Middle East markets, particularly those in India
and Pakistan,“ he analyzed.
Ebrahimi-Asl said
that 40 hectares in Sigma Industrial Zone has been allocated to
the Venezuelan-based methanol unit, adding that the two friendly
states will expand cooperation by establishing two fertilizer
companies in the near future.
July 02, 2007 IRNA
Iran-Venezuela presidents break ground for methanol complex
Iran's President Mahmoud Ahmadinejad and his Venezuelan counterpart Hugo Chavez are to take part in a ceremony to break the ground for construction of a joint methanol complex on Monday.
According to the Public Relations Department of the National Petrochemical Company (NPC), the methanol complex will annually produce one million tons of methanol (→1.65 million tons が正しい) with the cooperation of the National Petrochemical Industries Company of Iran and the Venezuelan Petrochemical Company.
The complex lays in the Pars Special Economic Energy Zone.
After establishing Iran-Venezuela joint petrochemical company, the two countries will construct a methanol unit in the southern area of Assalouyeh, Iran, and another one in industrial zone of Zigma in Venezuela, the report said.
The two sides will benefit from establishing the methanol units including easy access to the markets of Latin America and Brazil as well as Pakistan and India.
Iranian Oil Minister Kazem Vaziri Hamaneh and a number of officials active in petrochemical and oil sectors will accompany Ahmadinejad and Chavez at the ceremony of breaking ground for methanol project.
2007/7/3 日本経済新聞夕刊
イランとベネズエラ 経済協力で合意 合弁メタノール工場建設
ベネズエラのチャベス大統領とイランのアハマディネジャド大統領は2日、イラン南西部アサルイエでの記者会見で「(米国など)すべての敵に協力して立ち向かう」と表明、反米姿勢を強調した。一方、両国は総工費6億5千万ー7億ドルの合弁メタノール工場建設をはじめ、約20項目の経済協力に合意した。
アサルイエで2日に起工式を開いたメタノール工場の生産能力は年間175万トンで、4年後の操業開始が目標。出資比率はイランが51%、ベネスエラが49%とみられる。両国はベネズエラにも同規模の合弁メタノール工場を建設する。
Iran, Venezuela in "axis of unity" against U.S
The presidents of Iran and Venezuela launched construction of a joint petrochemical plant on Monday, strengthening an "axis of unity" between two oil-rich nations staunchly opposed to the United States.
Venezuela's Hugo Chavez and Iran's Mahmoud Ahmadinejad, who both often rail against Washington, also signed a series of other deals to expand economic cooperation, ranging from setting up a dairy factory in Venezuela to forming an oil company.
The two presidents -- whose countries are members of the OPEC oil producing cartel -- earlier attended the ceremony to start building a methanol facility with an annual capacity of 1.65 million tons on the Islamic Republic's Gulf coast.
Iranian officials said a second methanol plant would be set up in Venezuela. Each would cost about $650 million to $700 million and take four years to complete. Methanol is an alcohol which can be used as a solvent or an element in fuel.
That would help Iran to access the Latin American market, while Venezuela would get closer to buyers in India and Pakistan.
Iranians in China for oil
project
http://www.presstv.ir/detail.aspx?id=6055§ionid=351020103
Iran will send a
top-level delegation to China to continue talks with the Sinopec
Corp. over developing the Yadavaran Oilfield
in south Iran.
Also, Chen Tonghai, the president of the China Petroleum and
Chemical Corporation, known as Sinopec, has said the company is in
talks on providing engineering services to the Yadavaran field.
The state-owned Sinopec Group was not looking for an
equity stake in the Yadavaran field, but if a deal is reached it
would share profits from the field once it begins production, he
told reporters during a news conference in Hong Kong following
the release of the company's 2006 financial results.
Reuters April 9, 2007
The two sides have failed to agree on final terms, and a senior industry official familiar with the discussions said in Singapore last year that a deal would be delayed because of a price disagreement.
May 01, 2007 http://www.shana.ir
NPC CHIEF:Iran to Invest
Over $12bn in Petrochemical Sector
The managing director of National Petrochemical Company (NPC)
said Iran would make a 12.3 billion dollar investment in the
sector in the Fifth Five-Year Socioeconomic Development Plan
(2010-2015).
Gholam-Hossein Nejabat said his company would invest the huge sum
in 27 petrochemical projects during the Fifth Plan, out of which
9.2 billion dollars would be funded by hard currencies.
Nejabat said 24 petrochemical projects with a 14.8 billion dollar
fund had been included in the Fourth Five-Year Development Plan
(2005-2010), with some becoming operational.
The NPC head said 13 petrochemical projects would come on stream
in the current year, adding three of them were ready for
inauguration.
2007/4/12 「イランで本年度 11計画が生産開始」
“At present, Iran
accounts for 12 percent of the Middle East’s petrochemical output, valued at
25 billion dollars, and the share will touch 34 percent by the
end of 20-year Outlook Plan, 2015,” said Nejabat.
September 05, 2007 Jakarta Post
Pusri to build plant in Iran
PT Pupuk Sriwijaya (Pusri), the country's largest fertilizer producer, is scheduled to sign an agreement with an Iranian petrochemical company later this week to help bring to fruition its plan to build a fertilizer plant in Iran.
Iranian ambassador to Indonesia Behrouz Kamalvand said Tuesday that an agreement would be signed between Pusri and National Petrochemical Company International for the construction of the plant, which will be located in Tehran and cost some US$600 million.
Mahmoud R. Radboy, head of the Iranian embassy's economic section, said that the two companies would have equal participating interests in the project
"It is agreed that 50 percent of the production will be dedicated to the Indonesian market and the rest will be sold on the international market, although it is up to the companies to decide which international markets they want to serve," Radboy said.
The gas supply will come from the South Pars gas field, which holds 8 percent of total world gas reserves, via a pipeline at a price of $1 per million British thermal units (mmbtu).
PT. Pupuk Sriwidjaja (Persero), otherwise known as PT Pusri, is a State-Owned Enterprise with a business in the production and marketing of fertilizers. PT Pusri was legally established through Eliza Pondaag Notarial Decree No. 177 dated December 24, 1959 and published in the State Gazette No. 46 of June 7, 1960. PT Pusri, with its Head Office and Production Center at Palembang, South Sumatera, is the first producer of urea fertilizer in Indonesia.
September 28th
2007 Venezuelanalysis.com
President of Iran Visits Venezuela and Signs Economic Agreements
The President of Iran, Mahmoud Ahmadinejad, arrived in Caracas
late Thursday night for a short meeting with Venezuelan President
Hugo Chavez. Both leaders emphasized the importance of unity and
cooperation in the "fight against U.S.Venezuela and Iran.
imperialism" and signed several more bilateral agreements to
build joint projects in Venezuela and Iran.
On this occasion, the agreements they signed include the installation
of nine corn-processing plants in Venezuela with Iranian technology, part of
the new initiative of the Venezuelan government to increase the
production of corn and corn flour in the country. These plants
for processing corn will be placed in corn-producing regions and
run by the surrounding communities.
Another of the agreements is for the establishment of an industrial
complex for the production of auto parts in the central state of Carabobo.
The agreement was signed between the Iranian company Behsazin and
the Venezuelan Ministry of Communal Economy with the intention of
supplying national industry with nationally produced auto parts.
A third agreement has to do with the petrochemical industry and
allows for the construction of two plants for
the production of methane gas, one in Iran and
the other in Venezuela.
Three petrochemical projects inaugurated in southern Iran
Three huge petrochemical
projects at Razi, Laleh, and Shahid Tondguyan petrochemical
complexes in Mahshahr, southern Iran, came on stream on Thursday
in a ceremony attended by President Mahmud Ahmadinejad.
The third ammonia
producing unit of Razi Petrochemical Complex, in which 142 million euros and
540 billion rials (57.7 million dollars) have been invested, will
produce 680,000 tons of ammonia annually.
The project is under the license of a Swiss company and Iran’s Petrochemical Designing and
Engineering Company does logistical affairs.
Executive operations of the project began in 2002 in an area of
six hectares in Mahshahr.
The low-density
polyethylene (LDPE)
producing unit of Laleh
Petrochemical Complex, in which 240 million dollars and
250 billion rials (26.7 million dollars) have been invested, will
produce 300,000 tons of LDPE yearly.
The second pure
terephthalic acid / polyethylene terephthalate (PET/PTA) producing unit at Tondguyan
Petrochemical Company
has the capacity of producing 750,000 tons of polyethylene terephthalate
annually, the executive operations of which started in 2000 in an
area of 18 hectares.
(PTA 350/PET 400)
The National Petrochemical Company (NPC) boosted its output to 23
million tons in 2007 from 15 million tons in 2004, its managing
director said.
Gholamhossein Nejabat added five million tons of products worth
2.4 billion dollars have been added to the NPC’s production capacity since 2006.
Iran's current petrochemical output is worth 8.5 billion dollars,
he said, adding out of the figure $5.5 billion is for exports,
while the remaining $3 billion is for domestic sale.
East and Southeast Asia, the Middle East, India, China, and
Europe are the major foreign markets for Iran's petrochemical
products, he added.
Iran wants to raise its share of petrochemical output in the
Middle East to 32% and in the world market to 6.1% in accordance
with the 20-Year Outlook Plan, Nejabat said, adding that Iran
needs to increase its current output capacity by 300 percent in
17 years to achieve this goal, Press TV reported.
The NPC is a subsidiary of Iran's Petroleum Ministry. It is
responsible for operation and development of the country's
petrochemical sector.
2008/05/06 MNA
Iran, India ink Euro 400m petrochemical MOU
National Iranian Petrochemical Company (NIPC) signed a Memorandum
of Understanding with India’s Nagarjuna
Fertilizers and Chemicals Limited Company (NFCL) in Tehran on Monday for the
construction of a joint urea and ammonia complex in the Pars
Special Economic Energy Zone (second phase of Assaluyeh).
The complex’s nominal production capacity will
be
2,200 tons of urea and 3,860 tons of ammonia per day, PIN reported.
The estimated budget for the project is 400 million euro.
NFCL and NIPC are considered as experienced companies in both
establishing and developing chemical fertilizer producing plants.
Turkey 'to build petrochemical plant in Iran'
A Turkish chemicals
producer reportedly plans to build a petrochemical plant in Iran
in defiance of unilateral US sanctions against Tehran.
Turkish Petrochemical Holding Corp. (Petkim) says it has reached an
agreement with Iran's National Petrochemical Company (NPC) to set
up a methanol and polyethylene facility.
The partnership between Petkim and the Iranian company will be a 50-50 joint venture, Petkim said in a statement to the stock exchange.
The plant will produce 1.65 million tons
of methanol and 300,000 tons of polyethylene per year.
Petkim is partly-owned by the Turkish energy company Turcas and
the
Azerbaijani
state-owned oil firm Socar.
In recent years, Tehran and Ankara have increased their energy
cooperation with Turkish companies carrying out various projects
to develop the giant South Pars gas field in southern Iran.
The report comes as US lawmakers have introduced legislation that
would impose an embargo on gasoline exports from third countries
to Iran to punish the country for enrichment -- which Tehran says
is directed at electricity generation.
The bill is also expected to limit European participation in
projects pertinent to the Iranian petroleum sector.
Similar extraterritorial measures taken by the US have in the
past drawn the ire of even stalwart US allies such as the
European Union, which sees such punitive moves as interference in
their internal affairs and trading practices.
The introduction of the bill comes at a time when the Obama White
House claims it is reviewing US policy toward Tehran. Prospects
of US-Iran rapprochement have not been well-received among
Israeli circles and their powerful lobby in the US.
Oct 12, 2015 presstv.ir
Iran wants Japan’s big petchem firms back
Iran said on Monday that it welcomes the return of Japan’s Mitsubishi and Mitsui
to its petrochemical projects.
Abbas Sheri-Moqaddam, the managing director of the National Petrochemical
Company (NPC), said Mitsubishi and Mitsui had a satisfactory performance in
different sections of Iran’s petrochemical industry.
Sheri-Moqaddam, speaking in a meeting with the heads of the two companies who
are in Tehran on board a senior Japanese trade delegation, added that they can
again participate in Iran’s projects once the sanctions against the country are
lifted.
岸田外相の10月12日のイラン訪問に、経済界21社の役員が同行する。
イランは豊富な資源と約7800万人の市場に加え、インフラ需要が魅力。
伊藤忠商事、三菱商事、三井物産など大手商社8社は、イランで資源開発や高速鉄道、航空機、インフラ関連ビジネスの開拓を目指す。
日揮などエンジニアリング3社も石化や肥料プラントの商機を探る。
自動車分野では日産自動車、いすゞ自動車、三菱自動車、マツダの4社が同行。
エネルギーでは過去に南Azadegan油田開発に参加していた国際石油開発帝石のほか、JX日鉱日石エネルギー、昭和シェル石油の3社が資源開発や製油所改修への参画を目指す。
He said there is a significant potential for
investment in Iran’s petrochemical industry, adding that investments in this
sector promise lucrative returns.
Sheri-Moqaddam said Phase 2 of Assaluyeh and
Mahshahr energy zones in southern Iran as well as
Chabahar in southeastern Iran are specifically
attractive options for investors.
The heads of Mitsubishi and Mitsui for their part said they are ready to resume
investments in Iran once the sanctions against the country are lifted.
The petrochemical industry is the biggest source of foreign earnings for Iran
after oil but US sanctions have caused exports to decline. Officials have said
about $70 billion of investment is needed in the sector over the next 10 years.
Iran’s total petrochemical production capacity stands at 60 million metric tons
per year which the country plans to double.
A top-level trade and diplomatic delegation from Japan is in Iran on a five-day
visit in search for avenues to boost mutual cooperation in various enterprises.
The delegation, which is led by Foreign Minister Fumio Kishida, arrived in
Tehran on Sunday.