According to Fanavaran Petrochemical
Company, the first phase of operational activities for the Petro-Olefin project
has begun, focusing on the construction of methanol storage tanks.
The Petro-Olefin
project's operational trajectory gained momentum following the signing of
pertinent memorandums of understanding with a Chinese consortium to secure
licenses for methanol, ethylene, polypropylene (PP), and high-density
polyethylene (HDPE) units.
The maiden phase of this
undertaking, aimed at establishing storage facilities, commenced last week with
the symbolic groundbreaking ceremony, following the completion of groundwork
reinforcement and surrounding road infrastructure development.
Mohammad Javad Badri,
Vice Chairman and CEO of Fanavarn Petrochemical Company and a major stakeholder
in the project, elucidated on the project's status and objectives: “The storage
tanks, with a combined capacity of 100,000 metric tons (two 50,000-ton tanks),
are situated in the southwest corner of the project site within Zone 5 of the
Petrochemical Special Economic Zone. These storage tanks are a priority
implementation, designed to enhance storage capacity and generate revenue, with
the pile-driving ceremony for their construction officially underway.”
Hossein Rafeeqdost, a
board member of Fanavaran Petrochemical Company and Deputy Director of
Corporate Affairs and Projects, added: “The engineering, procurement,
construction, and commissioning (EPCC) contract for the tank construction has
been signed. After workshop preparation and the completion of ground
reinforcement and excavation operations, the construction phase has now entered
the pile-driving stage.”
He further elaborated: “With
the commencement of the pile-driving process, dynamic load testing using the
PDA method for foundation reinforcement has begun for the methanol storage
tanks. Additionally, a successful pile driving test involving ten foundation
piles was executed.”