Managing director of the company Ahmadreza Ashtari made the remarks in an interview with Shana, adding the company plans to develop its activities and to upgrade its units in order to achieve a higher level output in the near future.
Installation of the second boiler with the aim of raising steam production and boosting reliability of the units are among the ongoing activities of Kermanshah Petrochemical Company which will be completed before year-end to March 2015.
He referred to the lack of a specific formula for setting the price of feedstock as a stumbling block in the way of development plan of Kermanshah Petrochemical Company, adding in case of stabilizing the price of feedstock for the next 10 years, the prospect of expanding investment in large petrochemical projects will be promising.
Kermanshah Petrochemical Company plans to produce 2000 tons of urea and 1200 tons of ammonia per day after developing its second phase which its cost has been estimated at 350 million euros.
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