IDRO Invests 2200b Rials in Kermanshah’s New Industries
Head of Industrial Development and Renovation Organization of Iran (IDRO) says by IDRO’s 2200b rials of investments in Kermanshah Province, two ethanol fuel and bio-implant production units will come on stream in two years.
Head of IDRO Mr. Mohammad Baqer Aali on the sidelines of his visit of two new industries projects of the IDRO in Kermanshah said that the projects which are financed by IDRO will come on stream in two years.
He added that according to the agreement between the governor of Kermanshah and IDRO, both production plants will come on stream by the investments of IDRO worth 2200b rials plus $16m.
Aali added that modern technology has been used in these two production units. He noted that by launching the bio-ethanol fuel plant of Kermanshah, 66m liters of ethanol fuel can be produced annually which is considered as clean product and it replaces harmful petrochemical ingredients in gasoline and will reduce damages to the environment.
He reiterated that the technology in both plants is in compliance with the modern technology in the world.
He also announced completion and launch of the green phase of bio-implant plant in Kermanshah which will be completed by the yearend with investment worth $16m.