18 February 2008 08:45 [Source: ICIS news]
TEHRAN (ICIS news)--Iranian-foreign joint venture Mehr Petrochemical has delayed the mechanical completion of its $182m high density polyethylene (HDPE) project by three months to the end of this year due to infrastructure problems, a source close to the company said on Monday.?xml:namespace>
He declined to elaborate on the problems at the site at ?xml:namespace>
The 300,000 tonne/year plant was supposed to be completed in the third quarter of 2008 after a previous delay.
It will receive ethylene feedstock from Jam Petrochemical and plans to export 60% of its output which will be mainly film grade material.
Mehr is a joint-venture of
($1 = €0.68)
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