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Aryasasol Polymer Company is a $900-million polymer joint venture between the Iranian state-owned petrochemicals company, Pars Petrochemicals Company and Sasol Polymers which produces ethylene as well as high and low density polyethylene. Iran and South Africa have equally invested 1.35 billion euros in the project. Arya Sasol Petrochemical Complex is among the world’s biggest polymer projects.
Scale of Business
This complex is capable of producing 400,000 tons of ethylene, 90,000 tons of C3 cut, 300,000 tons of medium and heavy polyethylene, and 300,000 tons of light polyethylene. Construction operations of the complex started in Pars Special Economic Energy Zone in 2002 and the project started producing ethylene in February 2009.