In line with the
mission and goals of the JAM Petrochemical Company and moving toward
development projects with goal of achieving to superior strategic positions,
the main responsibility of the engineering and plans unit of this complex are
completing the production chain through the production of knowledge based
products with higher added value, increasing the capacity of existing units as
well, and, finally, the evaluation of the possibility of obtaining foreign
currency loans with international guidelines. In order to achieve this,
feasibility studies are underway for some of the major development schemes.
Therefore, finally, concerning the financial capabilities of the shareholders
of the company, it is necessary to make necessary decisions about the implementation
and financing of one or several possible schemes by the board of directors and
shareholders.
1. Construction
and commissioning of a new PDH/PP unit
Considering the
advantages of access to the abundant resources of propane feed in the South Pars
Zone, the trend of replacement the olefin
units with the gas crackers and
the prediction of increasing demand for
propylene in the world, the preliminary studies have been done on technical and
economic comparison of On- Purpose
methods for propylene production by engineering and projects department
. These studies focus on the feasibility
of establishing the third phase of JPC, including two units:
Propylene Production Unit with propane dehydrogenation technology (PDH)
and a new polypropylene production unit ,in
cooperation with Nexant company
and the licensors of the mentioned technologies. The main purposes of
the studies are achieving products
with higher added value and
preventing of sell materials in the form
of raw. Following the completion of the above report, achieving land and feed permissions , technology
transfer agreements are ongoing in parallel with other items such as negotiations with international contractors
and evaluating financial resources.
2. Expansion units
Expansion of
existing units with lower production costs compared to new ones could be one of
the main purposes of each unit. Considering that such projects are carried out
with the lowest cost of purchasing new equipment, mainly through optimization
of operational conditions and revamping
some existing equipment,
expansion via increasing capacity and revamping will lead to increased
production and cost saving. In this
regard, ongoing projects in engineering and projects department are mentioned
below:
2.1. Olefin unit
expansion
There have been done negotiations with licensors and received relevant proposals for economic
and technical studies in order to solve operational problems and determine the
best scenario for capacity increase.
After many meetings, all issues have been examined and clarification about
contract and technical points done. Jam
Petrochemical Company is taking actions about the above contracts.
2.2. HDPE unit
expansion
Due to sanctions
imposed by United States and discontinuance of cooperation with Basell Company,
which has led to failure in providing
the catalyst approved by licensor to Jam Petrochemical Company and other
similar units in Iran, it is necessary to consider operational bottlenecks
arising from replacement of new catalysts and optimization possibility of production process with the
least changes in existing equipment. Achieving to these aims
will be considered on the JPC agenda. In this regard, after negotiations
with well-known international companies, we are preparing the contract.
2.3. Compounding
project
As Jam
Petrochemical Company is one of the largest producers of polyolefin products
and production of ABS polymer products will soon be part of the company’s
products portfolio , it is crucial to
consider compounding projects with the policy of using global updated
technologies in form of partnerships and cooperation with powerful domestic and
international knowledge-based complexes with the aim of creating added- value
and also meeting the demands of domestic and international markets. In this
regard, negotiations with domestic and foreign companies are ongoing .
3. Investigation
on partnership in other projects or buying stocks of petrochemical companies
In order to
increase the diversity of products, proper management of feed , side products
and the promotion of international position of Jam Petrochemical Company, the
possibility of partnership or purchasing the stocks of some projects and
petrochemical companies will be studied in economic and technical aspects . In addition to holding specialized
multilateral meetings , the related reports will be submitted to the board of
directors of Jam petrochemical company.