Karoon Petrochemical Company

Complete Profile of Karoon Petrochemical Company

Karoon Petrochemical Company (KRNPC) is a landmark in the Middle East’s chemical industry as the region’s first and only producer of Isocyanates. Located in the Bandar Imam Special Economic Zone, Karoon is a specialized and high-technology complex dedicated to producing Toluene Diisocyanate (TDI) and Methylene Diphenyl Diisocyanate (MDI), the essential raw materials for the polyurethane industry.

The company’s core mission is to meet the domestic and regional demand for these strategic products, thereby eliminating import dependency and fostering the growth of downstream polyurethane manufacturing. With its advanced technology and commitment to quality, Karoon Petrochemical is a vital supplier for industries ranging from construction and automotive to furniture and appliances.

Karoon Petrochemical at a Glance

This table provides a quick, comprehensive overview of the key facts and figures about Karoon Petrochemical Company.

History and Strategic Objectives

Karoon Petrochemical Company was established in 2001 to fulfill a critical gap in Iran’s and the Middle East’s chemical production chain. Prior to Karoon, all isocyanates required by the region’s rapidly growing polyurethane industries had to be imported. The establishment of Karoon was a strategic move to achieve self-sufficiency in these vital materials.

The primary strategic objectives of Karoon Petrochemical are:

  • Pioneering Production: To be the leading and sole producer of TDI and MDI in the Middle East.
  • Supplying Downstream Industries: To provide a reliable domestic source of raw materials for manufacturers of flexible and rigid foams, adhesives, sealants, and coatings.
  • Import Substitution: To eliminate the country’s reliance on foreign suppliers for isocyanates, saving significant foreign currency.
  • Technological Mastery: To operate and maintain a highly complex and technologically advanced chemical process with the highest safety standards.

Geographical Location

Karoon’s complex is strategically located in Site 2 of the Bandar Imam Petrochemical Special Economic Zone. This location offers significant operational and logistical benefits:

  • Feedstock Integration: Direct pipeline access to essential raw materials like Toluene and Benzene from neighboring petrochemical complexes.
  • Export Capabilities: Proximity to the port facilities at Bandar Imam allows for efficient export of its specialized products to regional and global markets.
  • Industrial Synergy: Being part of a major petrochemical hub provides access to shared utilities, services, and a skilled workforce.

Product Portfolio and Grades

Karoon’s product portfolio is highly specialized and focused on the isocyanate value chain.

Technology and Production Processes

The production of isocyanates involves highly complex and sensitive chemical processes. Karoon Petrochemical utilizes advanced technologies licensed from leading European firms.

  • Isocyanate Technology: The core technology for both the TDI and MDI production units was licensed from Chematur Engineering AB of Sweden. This technology is known for its efficiency and adherence to stringent environmental and safety standards.
  • Supporting Units: The technologies for the supporting units, such as Aniline and Nitric Acid production, are also based on proven and reliable international processes to ensure a stable and integrated operation.

Contact Information

  • Head Office Address: No. 2, Yasaman St., North Kargar Ave., Tehran, Iran.
  • Plant Address: Site 2, Petrochemical Special Economic Zone, Bandar Imam Khomeini, Khuzestan, Iran.
  • Phone (Tehran): +98 21 6694 7133
  • Email: info@krnpc.ir
  • Official Website: http://www.krnpc.ir/en/