Project Details

  • TEHRAN, Nov. 26 (Shana) -- Managing Director of Mahshahr Petrochemical Special Economic Zone (PETZONE) Omid Shahidinia said phase II of Karoon Petrochemical Plant is ready for startup.
  • Some 22 projects with an investment of over $2bn are being developed at the PETZONE with 20% to 99% physical progress, he said. 

    Mahshahr PETZONE, located in the southwestern province of Khouzestan, supplies nearly 43% of the country's total petrochemical output.

    Having been put together with $17bn of investment in the past 19 months, the complex has created jobs for over 30,000 individuals directly. 

    He said permits for launching 161 industrial units have been obtained in the region, adding 91 units are fully operational currently and 22 others have being constructed with an investment of $2bn. 

    Moreover, two units of Takht Jamshid Petrochemical Plant as well the Karoon Petrochemical Plant II are ready for inauguration. 

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