Delay to start-up continues at Farsa’s MEG plant

29 November 2007 12:18  [Source: ICIS news]

SINGAPORE (ICIS news)--Iran’s Farsa Petrochemical has yet to start-up its new 400,000 tonne/year monoethylene glycol (MEG) plant in Assaluyeh, despite earlier attempts to bring the unit on stream with feedstock purchases in the merchant market, a source close to the company said Thursday.

 

“It remains unclear how much longer the delay would be. We’re thinking maybe next year, it’ll start operations but we cannot be sure,” the source said of the postponement, which was due to the dearth of feedstock ethylene.

 

The company completed construction of the facility in the middle of this year.

 

Farsa, a privately owned company, took over the Assaluyeh project from state-owned National Petrochemical Company (NPC) in 2004.

By: Salmon Aidan Lee
+65 6780 4359

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