Notice: Undefined variable: query_news_all in /home/tavanomr/public_html/wp-content/themes/tavanomran/single-news.php on line 26

Notice: Trying to get property 'post' of non-object in /home/tavanomr/public_html/wp-content/themes/tavanomran/single-news.php on line 26

Notice: Trying to get property 'ID' of non-object in /home/tavanomr/public_html/wp-content/themes/tavanomran/single-news.php on line 26
Local Catalysts Reduce Production Cost of Isocyanates by 1/3

TEHRAN (Shana) — The CEO of Karoon Petrochemical Company said the company’s costs would be reduced by one-third with the use of local catalysts.

 

 

Alireza Sediqizadeh said on Tuesday that his company was the first producer of isocyanates in the Middle East, which is a manifestation of preventing sale of crude oil and gas.

Addressing a ceremony to officially launch the second phase of Takt Jamshid Petrochemical Plant, the official said his company operated with 500,000 ton/year of production capacity of which 220,000 t/y were salable.

He said the launching the project 70 jobs were directly created, adding 35% of Karoon Petrochemical Plant’s costs concerned procurement of platinum and palladium catalysts which were now to be replaced by nickel catalysts supplied by HNT Holding Company.