Iran Petchem Industry Ready for Foreign Investment

Damavand; Largest Plant in Phase 2

Damavand Petrochemical Plant is the largest petrochemical plant under construction in Phase 2 of Assaluyeh. Installation of turbines 3 and 4 of the first phase of the power plant of Damavand Petrochemical Plant started recently with the objective of raising power generation capacity.

Given the power generation of domestic units of Damavand Petrochemical Plant, including four trains of aeration, water supply unit and offsite consumption that totally stands at 250 megawatts, two more turbines are needed to be installed in order to increase electricity generation for the main units in Phase 2 of Assaluyeh (Marjan, Bushehr, Morvarid, Dena, Sabalan and Greenfields) that would come online over the coming two years. With the installation and operation of turbines 3 and 4, the rated capacity of Damavand Power Plant will reach 648 megawatts. The final capacity of Damavand Power Plant will reach 2,000 megawatts after the installation of 12 gas turbines.

Phase 1 of Damavand Power Plant is 97% complete and start-up of Damavand Petrochemical Plant is of high significance due to its specific location and the dependence of 24 petrochemical projects in Phase 2 of South Pars.

Damavand Petrochemical Plant is under construction for the production of 70,000 cubic meters per hour of cooling water, 32 cubic meters per hour of sweet water, 660 tons per hour of steam, 246 megawatts of electricity, 156 tons per hour of oxygen and 48,000 standard cubic meters per hour of nitrogen. This plant is fed by 610 mcm a year of natural gas that would be supplied by the developed phases of South Pars. Another feedstock of this plant is 410 tons per hour of condensed water.

This plant has so far been offered for privatization twice, but it still remains under ownership of National Petrochemical Company (NPC).

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