The new round of talks between Iran and Italian Maire Tecnimont on building one of the ME’s biggest petrochemical parks in Asaluyeh was launched today.

With the visit of Pierroberto Folgiero, CEO of Maire Tecnimont to Tehran, Iran kicked off the new round of talks with this polymer and petrochemicals giants for the construction of one of the Middle East’s biggest petrochemical parks in Asaluyeh, Bushehr Province.

The most important focus of this round of bilateral negotiations was to build an Acrylonitril Butadiene Styrene (ABS) and rubber petrochemical park in Pars Special Economic Energy Zone. During the talks, the two sides reached preliminary agreements.

Based on the negotiations, it has been decided to form a joint working group as preparations for future collaboration after identifying the technical issues and new development opportunities in Iran’s petrochemical industry.

The aim of the project is to produce 200,000 tons of ABS per year, and 36,000 tons of other products including LCBR, SB, and SBS to provide for the required feed for the petrochemical industries.

According to the set schedule, the second phase of this petrochemical park must become operational by mid-March, 2017.

Source: Mehr