The projects were launched in a ceremony held with senior Iranian
petrochemical and petroleum officials in attendance on Monday, NIPNA reported.
The units are built in 115,350 square meters of land belonging to
Maroon Petrochemical Company and will produce 146,000 metric tons of,
masterbatches and polymer and granule compounds from recycled shrink bags each
year, and their products are used in construction, automotive, packaging,
textile and home-hold industries.
The downstream projects will be launched in a ceremony slated for next
week with Managing director of the National Petrochemical Company (NPC) Reza
Norouzzadeh in attendance.
The facilities are constructed with an investment of IRR977b and
$15,1m and generate 152 jobs.
Maroon Petrochemical Company is a supplier of various polymer products
including HDPE, LDPE, LLDPE and PP with different grades.