WORKING FILE · OPEN-SOURCE COMPILATIONAS OF 16 Sep 2026
FARSWEB

L2 · DOSSIER

ProjectMahshahr / Bandar ImamProject

Almas Mahshahr Petrochemical Co.

پتروشیمی الماس ماهشهر

New Mahshahr olefin/polymer project (start 2022, target ~2026). PGPIC 51%, BIPC 32%, Arvand 17%. The plant-level expression of Bandar Imam Novin: take inland NGL and BIPC ethane and turn them into PE/PP rather than exporting the cut.

Short
Almas
Founded
2022
Area
80 ha
Site
PSEEZ, Mahshahr

PRODUCTS

Ethylene · HDPE · LLDPE · Propylene · PP · Butadiene

LINES

ProductktFeedLicensor
Ethylene1332
HDPE300
LLDPE600
Propylene461
PP460

FEED

OWNERSHIP

ANALYST NOTES

  • Licensors cited: PSE Engineering, NB Tech Global, Petro Gas London. EPC: PIDEC.
  • Physical progress was still single-digit as of May 2024 — a paper-heavy node until mechanical completion.
  • Capital cited 2.6 billion euros. 25+55 ha.

PEOPLE

Expand this node on the web