Marun Petrochemical Co., a subsidiary of Iran's National Petrochemical Co., has awarded a contract to Krupp Uhde, a subsidiary of Germany's ThyssenKrupp Engineering, to build a 200-million-deutschemark, 300,000-tonnes/year polyethylene plant that Krupp says will be the largest of its kind in the world.
The plant will be built in the Marun Petrochemical Complex in the Bandar Imam free zone on the Persian Gulf. Completion is expected within 30 months.
The Iranian firm Sazeh Consultants will perform detailed engineering of the plant and will acquire locally built equipment. An international consortium will finance the project.
Marun Petrochemical and Basell Polyolefine GMBH also signed a separate agreement for Marun to use Basell's Hostalen technology in the plant. The technology will be used to produce plastic pellets that will be further processed into pipes, film, and moldings.