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20 July 2025 - 16:35
Dehdasht Petrochemical Project Reaches 45% Completion Milestone

Dehdasht, July 20 (PGPIC) – The Dehdasht Petrochemical Company has announced significant progress in the construction of its high-density polyethylene (HDPE) project, reporting 44.8% overall completion by the end of June 2025, according to updates shared during the company’s Annual General Assembly.

Dehdasht Petrochemical Project Reaches 45% Completion Milestone

Mohammad Shokri, the company's CEO and Vice Chairman of the Board, provided a comprehensive update on project developments during the assembly, the Public Relations Office of Dehdasht Petrochemical Company said.  He emphasized the project’s strategic importance as one of the key petrochemical investments in southern Iran, with a design capacity of 300,000 tons per year.

 

Shokri detailed the latest progress figures as follows: Engineering: 91.9% complete ;Civil and structural works: 68.2% complete; Installation and pre-commissioning activities: 18.5% complete; Procurement and materials: 43.1% complete; Off-site infrastructure: 41% complete; Training and workforce development: 22.9% complete

He noted that this achievement is the result of coordinated efforts among project staff, contractors, and strong shareholder support.

The Dehdasht Petrochemical Project is backed by €184 million and IRR 124 trillion in investment. The majority shareholder is Persian Gulf Petrochemical Industries Company (PGPIC) with a 69.5% stake, alongside Mamasani and Kazeroon Petrochemical Companies and other affiliated entities.

Shokri stated that the project is expected to come online in the first half of 2027, upon completion of its execution phases.

Despite challenges in securing financing, procuring equipment, and managing complex construction logistics, Shokri affirmed that the team's unity and the committed backing of key stakeholders have ensured continued project momentum.

“We are fully committed to delivering this national project on schedule—with transparency, determination, and full alignment with stakeholder expectations,” he said.

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