Project introduction

Project title : Establishment of Mono Ethylene Glycol (MEG) Production Complex
Project Description :

Currently, Iran produces almost one million tons of ethylene glycol annually from its three petrochemical complexes located in Arak, Marun, and Farsa Chimie. The main markets for this product are China, India, and Belgium, while the secondary markets include the Netherlands, the United Arab Emirates, Pakistan, Turkey, Greece, Italy, and South Africa. Although the current production capacity of ethylene glycols in Iran is substantial, there are plans for further expansion in the petrochemical industry. For instance, Asaluyeh, Pars Glycol, and Bushehr petrochemicals have development programs in place to produce ethylene glycols, with a combined production capacity of 1.662 million tons per year. Ethylene glycol is one of the most commonly consumed petrochemical products in Iran and is primarily used in the production of polyester fibers, even in Iran.

Annual Capacity : 600000 Tons

Project status

Access to raw materials :
Sales :
Construction period :
Project status :

Financial structure

Fixed capital : 19,174,488,000,000 Rials Rate of return on capital :
Working capital : 82,346,000,000 Rials Payback Period (PBP) : 2.36
Foreing currency required : Net present value (NPV) : 5,033,972,000,000 Rials
Total investment :
Internal rate of return (IRR) : 23

Other

Type of the project : establishment
Legal structure of the company : governmental





Above mentioned figures are subject time of investment