TEHRAN (Shana) -- Iran’s Jam Petrochemical Plant has started commercial production of 13 strategic olefin and polyethylene grades.
The plant has successfully demonopolized five propylene and polyethylene grades whose production was previously monopolized by two countries: the United States and Italy, National Petrochemical Company (NPC) reported.
Accordingly, the company has become the third company in the world to produce MD-35504, MD-3510, MD-3520, LL-235F6 and LL-235F7 and has a monopoly in the production of these items.
Some of the produced items are: MD-35504, MD-3520, LL-235F6, LL-235F7, GR-LL-HP-18XF5, MD-38504, CC-52502, CC-52502SU, CC-52501, HD-5000S, PP EP3130UV.
Pasargad Energy Development Co. (PEDC) is an independent energy company based in Iran. PEDC is an integrated energy company whose activities span the entire value chain including exploration, production, refining, petrochemicals marketing, power generation & renewables as well as new high-tech venture capitalizing. Our headquarter is located in Tehran. PEDC is present across the Iranian continental shelf and international market through its subsidiaries. We create value for our shareholders through active investment, high-level monitoring of our projects, building world-class partnership and managing our risks effectively and making balanced portfolio. Meantime, we contribute to the sustainable development of the energy sector and communities in our country. PEDC’s competitiveness relies upon our values-based performance culture, with a strong commitment to transparency, cooperation and continuous operational improvement. As a wholly owned subsidiary of the Pasargad Financial Group, with Pasargad Bank being a distinctive shareholder, we owe our success to our experience, management knowledge and strong local/international partnerships since 2008. PEDC is committed to maintaining sustainability and being recognized as the strategic partner of choice in Iran’s energy and petrochemical sector.