Iran continues to press expansion of its petrochemical industry.
Latest action involves big contracts by state owned Tabriz Petrochemical Co. (TPC) and Arak Petrochemical Co. (APC).
TPC let contract to France's Technip and its Italian affiliate TPL for design, equipment and material supply, construction, and start-up services for three plants at a planned petrochemical complex at Tabriz in Northwest Iran.
The contract covers a plant to produce 1 00,000 tons/year of high density polyethylene with BP Chemicals technology and 7,000 tons/year of butene-1 with IFP technology, a UOP process unit to produce 100,000 tons/year of ethylbenzene and 95,000 tons/year of styrene, and a polystyrene plant to produce 40,000 tons/year of high impact PS and 25,000 tons/year of PS crystals with Atochem technology and 15,000 tons/year of expandable PS with Suntor technology.
The complex also will have a 40,000 ton/year cumene unit and a 30,000 ton/year phenol unit.
The complex is to start up within 3 years after the contract takes effect in a few months.
APC let a turnkey contract to Spie-Batignolles unit Speichim and Davy McKee-in which Spie has a 15% interest-for a $290 million oxoalcohols plant.
Design capacity of the plant, to go on stream in mid-1994, will be 55,000 tons/year of 2-ethyl hexanol and normal and iso-butanols.
Feedstock will be natural gas and propylene. Included in the contract is a synthesis gas unit and associated offsites.
Financing will be through export credits.
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