The 19th of June is the establishment anniversary of Kharg Petrochemical in 1967.
Kharg Petrochemical Company is an Iranian petrochemical company in Kharg Island, a continental island of Iran in the Persian Gulf.
The Khark Petrochemical Company was established on Kharg Island in 1965, originally named the Khark Chemical Company.
Its primary purpose was to recycle sour gas and various byproducts from Iranian offshore oil well gases, including propane, butane, naphtha, and sulfur. The company was founded as a 50/50 joint venture between NIOC and Amoco. An American company, J.E. Prichard, developed the initial engineering design for the operational units, while Chiyoda executed the construction and installation.
Construction began in early 1967, and the facility was commissioned in 1969. Over time, the company expanded its operations to include methanol production, with its methanol plant. The construction of the methanol plant, designed by Lurgi AG, began in 1994.
This factory was put into operation in 1999. The company was converted into a public company on September 11, 1996, and listed on the Tehran Stock Exchange on January 16, 1999, as “PKHA1”. Today, the company is a public joint-stock company with a capital of 6000 billion Rials, according to the Kharg Petrochemical website.
The Kharg Petrochemical produces sulfur, propane, butane, pentane, and methanol by purifying sour gases extracted from the Iranian offshore oil wells.
Naphtha: (70,000 meters a ton per year) In addition to fuel, it consists of naphtha in the preparation of olefins, dye thinners, etc.
Sulfur: (170,000 meters a ton per year) Sulfur is used as a raw material in factories for the preparation of sulfur compounds for electrical insulation.
Bhutan: Bhutan (120,000 meters a ton per year) This product is used as fuel and used in the production of olefins.
Propane: Propane (115,000 meters a ton per year) This product is used as a raw material for the preparation of olefins as well as fuel.
Methanol: (660,000 meters, one ton per year) The primary material for producing MTBE is acetic acid, formaldehyde and industrial solvents.
