Amir Kabir takes over Simorgh plans

30 April 2004
The Simorgh low-density polyethylene (LDPE) unit planned by Simorgh Petrochemical Companyis now to be carried out on behalf of National Petrochemical Company (NPC)by its subsidiary Amir Kabir Petrochemical Company, which built and operates the olefins 6 complex at Bandar Imam. The engineering, procurement and construction (EPC) tender for the project has been relaunched following a breakdown in the Simorgh joint venture partnership (MEED 6:9:02).

The unit will have capacity of 300,000 tonnes a year (t/y) of LDPE and is to be situated in the olefins 6 complex, taking feedstock from the 500,000-t/y ethane cracker. EPC bids are due by mid-May, but the deadline is expected to be extended. When the project was last launched, the competition came down to Italy's Tecnimontand LG Engineering & Constructionand Daelim Engineering, both of South Korea. This time, more companies are expected to show interest. When first proposed, the project had a budget of $200 million.

Simorgh was a 45:55 joint venture between NPC and Europe's Basell. However, the partnership was dissolved last year.

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