Shahid Tondguyan Petrochemical Co. (STPC) and the local company Kanroodsaze Construction Co.
signed an agreement for civil, structure as well as mechanical and electrical installations for PET-2 project industrial buildings. STPC is an NPC subsidiary responsible for implementing and operating PET/PTA 1 and 2 at Bandar Imam Petrochemical Special Economic Zone. Duration of the agreement is 12 months starting from 28 July 2002.
An agreement for civil and mechanical installations are also being drawn up for PTA-2 project.
In mid July 2002, overall physical progress for PTA/PET-2 project was over 28.2%. The progress included basic and detailed engineering, procurement activities as well as site preparation, preloading, loading and piling.





Khuzestan Petrochemical Co. (KPC) expects that its bisphenol A (BPA), polycarbonate (PC) and epoxy resin plants become operational in 2003.
KPC, a subsidiary of NPC, is implementing an engineering polymers project in Bandar Imam Petrochemical Special Economic Zone on the northern coast of the Persian Gulf.
In early July 2002, KPC set up a steering committee to oversee and direct commissioning activities.
It plans to kick off pre-commissioning work on its BPA plant in November 2002. The plant has an output capacity of 30,000 tonne/year. The plant's reactors have already been installed.
It is expected to start commercial production in Q1 of 2003.
Pre-commissioning work on KPC's 10,000 tonne/year epoxy resin and 25,000 tonne/year PC projects are planned to start in early 2003. The two plants are anticipated to be on track two to four months after pre-commissioning work is completed.





The contract for the construction of a petrochemical port in Assaluyeh was officially signed. NPC had awarded the contract to the local firm Khatam-ol-Anbia Construction Group. The contract calls for detailed engineering, procurement and construction.
The Turkish company STFA has been named as the project's sub-contractor.
The first phase of the project is scheduled to be completed in 24 months while the entire project is expected to be operational within 48 months. Construction work has already commenced on two breakwaters.
The port will be used for the export of material from production units currently under construction. It will have an annual loading and unloading capacity of 27m-30m tonne of petrochemicals, including 5m-6m tonne of solid products and 22m-24m tonne of liquid products. The facility will have 14 berths, which will be able to accommodate ships up to 60,000 tonne deadweight.





NPC and South African major Sasol held more negotiations about possible partnership in a Gas-to-Liquids (GTL) project and a polymer facility both located in south of Iran on the coast of the Persian Gulf.
A joint feasibility study for the polymer facility is expected to be completed by September 2002. NPC and Sasol concluded a joint pre-feasibility study for the GTL project. Both studies have unfolded promising results.
The GTL project forms part of NPC's plan to develop environment-friendly products in Iran.