The CEO of National
Petrochemical Company (NPC) said on Monday that 14 petrochemical projects in
the first phase of PEIISEZ were expected to increase Iran’s annual petrochemical
production capacity by 15 million tons with $19 billion of investment.
said that implementation of the projects would create a new movement in the
southern province of Hormuzgan.
Of 55 petrochemical
plants operating across the country, 30 are operating in Assaluyeh, Kangan and
Dayyer, adding 17 projects were also under construction and dozens of others
were being pitched for financing.