11-03-09 Two development plans at Karun and Fajr petrochemical complexes went on stream officially by Iranian Oil Minister Gholamhossein Nozari in south-western Imam Khomeini Special Economic Zone.
The private sector has invested rials 3 tn (about $ 300.6 mm) in the project.

The first phase of Karun Petrochemical Complex has the annual output of 180,000 tons of basic petrochemical products which are widely used as raw materials for the production of foams, insulators, suspended ceilings, auto parts, coatings, and glues.
The Fajr Petrochemical Complex expansion plan has also been launched through rials 2.65 tn (about $ 265.5 mm) investment. The new unit will provide petrochemical plants with electricity, steam, oxygen, industrial waters, and nitrogen.

The projects started 3 years ago in cooperation with the German Hansa Chemie International and the Swedish Chematur Engineering Company.