Iran Plans Production of 13 New Petchem Items by 2022

Iran Plans Production of 13 New Petchem Items by 2022
(Sunday, September 17, 2017) 17:14

TEHRAN (NIPNA) – Iran is developing plans to produce 13 new petrochemical products to be sold on the domestic and international markets.

National Petrochemical Company (NPC) it to support production of the 13 items by the end of the 6th five-year development plan to 2022.

To this effect, NPC is banking on importing the required technical savvy and licenses from across the globe for production of the items.

The company has also initiated talks with international leaders in the sector in order to materialize its goals by 2022.

NPC is currently in talks with major international energy and chemical leaders including Total, Technip, Air Liquide, BASF, Linde Group, Mitsui and Sojitz, Haldor Topsoe, etc.

Iranian Minister of Petroleum Bijan Zangeneh has also voiced his ministry's support for expanding the industry.

Completion of propane and butane production chains is one of NPC's key strategies for diversifying petrochemical output of the country.

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