Related Keywords: develop second phase of the Kangan petrochemical plant, HEC, Hyundai Engineering, Iran state-run Ahdaf Investment Company, light and heavy polyethylene, produce one mn metric tons per year of ethylene, signed USD three point two billion agreement, subsidiary of the Oil Pension Fund Investment Company
Iran’s state-run Ahdaf Investment Company, a subsidiary of the Oil Pension Fund Investment Company signs a $3.2bn agreement with Hyundai Engineering (HEC) to develop the second phase of the Kangan petrochemical plant.
The seconf phase of the Kangan petrochemical plant is planned to produce 1mn metric tons/yr of ethylene as well as 750,000 mt/yr of light and heavy polyethylene.
