By IRNA
Tehran : Iran will turn out to be a large producer of aromatic, ethylene, and methanol products by the end of Iranian calendar year of 1393 (March 20, 2015), according to predictions.
Based on initial estimates, Iran has the capacity to produce 98 million tons of petrochemicals per annum, of which 75 million tons are saleable, reported PIN.
The country has produced 3.141 million tons of different types of petrochemical products from March 21 to May 21, 2007.
Nouri (Borzouyeh) Petrochemical Complex, the world's largest aromatic project, was inaugurated in the presence of Iranian President Mahmoud Ahmadinejad and his Venezuelan counterpart Hugo Chavez in Assalouyeh in southern Iran on July 2.
The complex managing director told PIN that Nouri (Borzouyeh) Complex was ready to start work at full capacity.
The complex is to yield 1.28 million tons of main products including paraxylene, orthoxylene, and benzene as well as 3.178 million tons of byproducts such as light and heavy hydrocarbons, slice of pentane, raffinate, and liquefied gas per annum.
The products are used as raw material for production of polyesters, synthetic fibers, paints, resins, disposable bottles, pharmaceutical compounds, and pesticides.
The other two acetic acid complexes of Fanavaran and Ghadir would be also inaugurated by June 21, announced Iran's National Petrochemical Company (NPC) production manager.
Ahmadinejad agreed to change the name of "Borzouyeh" to "Nouri" Petrochemical Complex. The decision was made following the request of the family of Mohammad Nouri, former managing director of the complex, who died last year.
Nouri, one of the founders and designers of the complex, had worked in the plant for eight years.