Iran Eyes 59 mt of Petchem Output this Calendar Year

Iran Eyes 59 mt of Petchem Output this Calendar Year
(Monday, May 15, 2017) 17:19

TEHRAN (NIPNA) -- Iranian petrochemical plant are expected to process 59 million metric tons of petrochemicals in the current Iranian calendar year which began on March 21, fetching the country $17b in revenue.

 

According to the National Petrochemical Company (NPC), the country will generate the amount by exporting 67% of items and selling the rest on the domestic market.

Iran produced 50.6mt of petrochemical products in the previous year of 61.9 mt/y of installed capacity in its petrochemical facilities, said NPC.

Last year, the country exported 20.4 million metric tons of petrochemical items and sold 7.2mt on the domestic market.
 
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