The official opening ceremony of Sabalan Petrochemical will be held on Thursday, May 20, 2020, with the presence of the President by video conference.
Sabalan is one of the three methanol companies under Sepehr Energy Holding.
Earlier, Sepehr Energy CEO, Mr. Abbasi, spoke to the Our Soil News Agency:
Sabalan Petrochemical Company will launch its operation as one of the methanolic projects under Sepehr Energy Holding, with the video conference presence of the President and the Ministers of Oil and Education.
The CEO of Sepehr Energy Holding stated: “During the talks with the Ministry of Oil, Sabalan Petrochemical would be launched on May 20, when the President would attend by video conference to operationalize the first petrochemical of Sepehr Energy.”
Behrouz Abbasi added: “Sabalan Petrochemical will add 1650000 tons of AA grade methanol to Iran’s petrochemical production per year on a 7-hectare land with an investment of $ 316 million (10722 billion rials).”