Mehr News Agency reported that Jam Petrochemical Complex's 10th olefin project will be officially inaugurated in Assaluyeh region in a ceremony attended by President Mr Mahmud Ahmadinejad.

Jam petrochemical’s 10th olefin project’s executive operation was started in the Persian calendar year 1379 (March 20th 2000 to March 20th 2001) with the aim of producing yearly 3.3 million tones of ethylene, propylene, high density polyethylene, low density polyethylene and other byproducts in Assaluyeh.

The major contractors of the project are France’s Technip Company, Germany’s Krupp Uhde Company, Italy’s Technimont Company and Iran’s Nargan and Sazeh companies.

Currently, Farsa Chimie Company plant is under operation in an area of 11 hectares at Jam Petrochemical Complex which is located in Assaluyeh on the coastline of the Persian Gulf. By making use of advanced technology the company has the capacity to produce annually 400,000 tonnes per year mono ethylene glycol, 40,000 tonnes per year diethylene glycol and 2,800 tonnes per year tri ethylene glycol to meet the growing global demand and export to international markets.

Jam Petrochemical Complex is responsible for implementing of the 10th olefin project in an area of 77 hectares which more than 40 hectares has been reclaimed from the sea. It will be one of Iran’s largest olefin plants with the final production capacity of 1,320,000 tonnes per year including HDPE, LDPE, BD, and PP.