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Torches of first, biggest pelletizing plant in eastern Iran lit: MSC managing director


After the installation of equipment and injection of natural gas into a pipeline that takes it to a 5-million-ton pelletizing plant in Sangan – a subsidiary of Mobarakeh Steel Company (MSC) – the torches of this industrial megaproject, which is the first and largest pelletizing facility in eastern Iran, have been lit and the plant is all set for a dry run.
MSC Managing Director Dr. Bahram Sobhani said the facility which has been funded by MSC is located in a region rich in minerals and is expected to supply the pellets needed by the country's steelworks.
He put the volume of investment in Sangan at around 25 trillion rials, of which 11.5 trillion has gone to the pelletizing plant and related infrastructure projects. The remaining 13.5 trillion rials has been spent on a 5-million-ton iron ore processing project and its infrastructure, he stated.
The managing director of the steel giant went on to say that physical progress at the concentrate project is around 50 percent and that MSC hopes to complete it by the end of the year (late March 2018).
Recalling the importance of job creation under current circumstances in the country, Dr. Sobhani said the projects in Sangan have created around 3,000 jobs, both directly and indirectly, and that some 50 percent of those jobs have to do with the pelletizing plant.
The fact that MSC has tapped into the technical knowhow and potential of local companies in the completion of the new facility is the standout feature of the project, the managing director said, adding by relying on its own technical knowhow and lending support to local firms, MSC has given local experts an opportunity to prove how capable they are when it comes to engineering and installation of equipment. The indigenization drive that has come with this project amounts to a giant step toward compliance with the principles of the Resistance-based Economy, the MSC managing director further said.
Dr. Sobhani also underlined efforts to create a sense of self-belief among local experts and said such self-belief along with efforts to acquire knowledge should be credited for the speedy completion of the Sangan project, adding the country owes this local breakthrough to the expertise and commitment of those involved in the project as well as to the support of all those who truly care about their Islamic homeland.
In conclusion, he said employment of young, motivated forces can speed up the production growth curve and that the launch of the new plant can help bring in all-out development to this underdeveloped region in the east. 
 


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