According to the implemented plans, this project is expected to be
ready for operation with 90% progress by the end of the current year.
According to the National Retirement Fund for the Oil Industry, Abdul
Hussein Bayat, during the 49th session of the fund's project council,
emphasized that the average monthly progress of the projects had increased from
1% to 4% over the past 20 months.
He added, "The final products of the Nokhle Asmari Petrochemical
project are at the end of the petrochemical value chain and are produced in the
country for the first time."
He stated, "The Parafformaldehyde unit of the Nokhle Asmari
Petrochemical project, using the spray dryer method, has already been
operational since last year and is ready for inauguration. The financial
support for the ongoing projects of the Nokhle Asmari Petrochemical project
through the investment mechanism of the National Retirement Fund for the Oil
Industry is desirable. Timely financial support during project execution is of
paramount importance and is the key to the success of projects."
The head of the National Retirement Fund for the Oil Industry emphasized
that the Staldehyde unit of the Nokhle Asmari Petrochemical project was also
ready for operation at the end of last year. He emphasized, "Staldehyde
will be used as an intermediate product in the Pentaerythritol unit. Despite
the launch of this unit last year, it was preferred to be inaugurated along
with the Pentaerythritol unit in the last quarter of this year to ensure full
compliance with safety and environmental considerations, avoiding HSE issues
associated with product storage due to environmental limitations."
Bayat stated, "In 1401 (2022), all the executive activities of
the ongoing projects of the Nokhle Asmari Petrochemical project were carried
out, and all project equipment has been delivered to the site, and the
installation process has begun."
He continued, "The new project for biodegradable plastics in the
Nokhle Asmari Petrochemical project has been defined, and its contract has been
signed. The engineering and excavation phase of this project will be carried
out this year. Additionally, the Polyastal project tender will be held in the
next two to three months, and the engineering and excavation phase of this
project will also begin this year. These projects, like the Pentaerythritol
project, will be implemented in the country for the first time."
According to this report, the total investment made in the Nokhle
Asmari Petrochemical Company is approximately 35 million euros for ongoing
projects and around 430 million euros for new units. Initially, the company
started its activities under the name Shohid Rasouli Petrochemical Company,
which unfortunately faced a 13-year hiatus in project implementation. In recent
years, especially in the Supreme Council of the Projects and with the efforts
and dedication of the company's honorable and committed employees, under the
name Nokhle Asmari Petrochemical Company, the required licenses were acquired,
completed, modified, and the projects were launched at an accelerated pace,
achieving significant progress. Accelerating the completion process of the Nokhle
Asmari Petrochemical project is one of the examples and