Issuance of approval in principle for Aria Petrochemical Polyacetal project

According to Energy Press, quoting from Petrofarhang Holding, Javad Zarepour, the CEO of Petrofarhang Holding, announced this news and said: Fortunately, after years of follow-up and according to a new plan, approval in principle for the Polyacetal production plan at Aria Petrochemical Company was issued, so that Petrofarhang’s first step in Chabahar, Iran’s new energy hub, should be removed.
He added: With the issuance of this in-principle approval after the in-principle approval of Lavan Chemical Company’s acetic acid plan that was issued in the past days, a new vision for the future of the holding was formed and many risks that were associated with this group for years will be removed, because the portfolio of diverse products And with a much higher added value, the creation and future economy of Petroculture is guaranteed.
The CEO of Petrofarhang Holding stated: Considering the very significant volume of methanol production in Petrofarhang, we were looking to transform this product into a final product with a higher value. Wealth and sustainable production are created in the holding.