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NIPC inks USD 400 mln contract for construction of ethylene pipeline

August 30/2011

(Plastemart) -- National Iranian Petrochemical Company has inked a USD 400 mln contract for the construction of the Central Ethylene Pipeline with the Islamic Revolutionary Guards for Construction, KCH. Khatamolanbia Construction Headquarter will realize the project with Chinese financing in EPCF mode within 30 months, Fars news agency reported. The pipeline will transport 1.3 mln CM of ethane and 1.04 mln tpa of ethylene from Parsian Refinery to 5 petrochemical complexes for processing.

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