Part of the facilities of Karoun Petrochemical Company in the Mahshahr Special Economic Zone was struck during an Israeli attack on Monday morning, Iran’s Ministry of Petroleum said.
Iran has brought online 3.4 million metric tons per year (mt/y) of new methanol, urea and ammonia capacity at a cost of $1.85 billion, Ministry of Petroleum’s Shana news outlet reported on Tuesday. $32 billion foreign investment in 25 projects Iran's methanol customers and US threat.
The French oil and gas company Total is negotiating to finalize a deal for investment in Iran’s petrochemical industry.
Shell offered the technology for Iran’s Ibn-e Sina Petrochemical Complex worth $350 million, the director of Hamedan province’s industry and mine department, Hamidreza Matin told.
The fire which broke out in Bou-Ali-Sina Petrochemical plant has been contained due to the unsparing efforts of Iranian experts.
