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SPAC supplying Iran’s ESBR domestic use

 

TEHRAN, Jan. 12 (MNA) – Sadaf Petrochemical Assalouyeh Company's Managing Director Ahmad Jazayeri said the much of the emulsion styrene butadiene rubber (ESBR) produced in Iran will go to domestic use and the surplus will be exported where there is a high demand for the substance in eastern Asia.

Talking to NIPNA reporter, Jazayeri went on to announce that India, China and Turkey are the target markets of company's products.

He underscored that the first consignment of ESBR will be marketed in the first half of the next Iranian calendar year to start on March 20,2017.

Jazayeri noted that ESBR is the first such project in Iran and the region, adding that global manufacturers of the technology abandon touching the industry due to its unique nature.

He said the product is environmentally-friendly, with hazardous substances deleted in the production process.

The official said 78,000 tons of the ESBR greasy tire and 59,000 tons of rough tire will be products of the company, which will use 84,000 tons of butadiene, 26,400,000 tons of styrene, 25,200,000 tons of aromatic oil and other additives as feedstock.

The managing director of Sadaf Petrochemical Assalouyeh Company said the quality of the product highly depends on the licensor, adding the technology license for production has been obtained from Italy’s whose know-how is regarded among the world’s advanced.

He specified there is no foreign investment in the project but foreign financing has been used to produce part of it. He put the amount of foreign investment at 102.056 euros (5,000 billion rials).

The managing director of Sadaf Petrochemical Assalouyeh Company said the quality of the product depends on the licensor and the licensor of this company's projects is Italian Versalis and this will affect the price of the end product.

Citing India as the main rival of the company's ESBR, he added the company us trying to defeat its rival.


He official noted that oil price plays a key role in the income and profit of the project, adding as  it seems that as of next year, his company will reach maximum price out of sales.

The Sadaf Petrochemical Company's products include different kinds of the Styrene and butadiene rubber (SBR) in different grades and their application is in the tire industries, rubber parts, mechanic equipment and so on based on international statistics.

In June 2016, Iran inked the first post-sanctions in the aftermath of the Joint Comprehensive Plan of Action, petrochemical contract with a Swiss firm for construction of finishing unit of a petrochemical company in Assaluyeh. Swiss Welding Engineers Ltd, a Geneva-based company that supplies synthetic rubber finishing lines, inked a contract with Sadaf Petrochemical Assaluyeh Company to construct finishing area of the project after very difficult negotiations.

According to Jazayeri, the Swiss company will help his company to build a plant for production of the synthetic polymer ESBR, a strategic product used in the petrochemical industry and rubber manufacturing.

He said that the ESBR will be produced for both domestic use and export to global market including Europe.

He noted that the Swiss Welding Engineers Ltd will be responsible for drying, wrapping and packaging process at the final stage of production of the ESBR before presenting to the market.

With the launch of this production line, 136,000 metric tons of finished products in five categories will be manufactured a year, two of which will be used in production of tires and the rest in the plastic industry, Shana wrote.

Higher car security, eco-friendly features, and lower fuel consumption are the key parameters cited in the advantages of ESBR production.


Written By: adminaipod
Date Posted: سه شنبه 28 دي 1395
Number of Views: 265

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