Iran Eyes 72mt/y Petchem Yield by Yearend

Iran Eyes 72mt/y Petchem Yield by Yearend
(Saturday, April 22, 2017) 15:48

TEHRAN (NIPNA) – Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei says Iran's total annual petrochemical production capacity will reach 72 million tons by the end of the current Iranian calendar year which began on March 21.

 

Addressing the opening ceremony of the 13th Iran Petrochemical Forum her in Tehran on Saturday, Shahdaei said Iran is potent to reach 72mt/y output capacity by the end of this calendar year given the available petrochemical infrastructure and accessible feedstock for feeding plants in the country. 

Iranian petrochemical facilities processed 50 million tons of petrochemicals over the course of the previous Iranian calendar year. 

Marziyeh Shahdaei, who is also deputy petroleum minister in petrochemical affairs said the country exported 21 million tons of projects last year, fetching 9.4 million dollars in revenue. 

Iran launched 11 petrochemical plants with an investment of $3.4b last year, she said, adding the year was registered as a successful year for the industry in the country. 
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