Addressing
reporters on the sidelines of the 24th Iran Oil Show, Behzad
Mohammadi stated that the industry’s salable output would increase by 70
percent and reach 51 million tons per year.
“This would
materialize the second leap in the petrochemical industry,” said the official,
adding that the petrochemical industry is a dynamic and efficient sector which
can generate huge value-added for the economy.
He said the
industry receives 25.3 million tons of feedstock from oil, gas and NGL resources
of which two thirds are gas and the rest are liquid.
The CEO said
that 55 petrochemical plants are currently operating in the country and two
hubs are active, namely Mahshahr in southwestern Iran and Assaluyeh, in
southern Iran.
The official
added that 18 groups of items were being produced in the industry in Iran which
entailed 300 grades of polymer products and 44 types of chemical items.
Elsewhere in
the press conference, he said that the country generated 17.1 million dollars
in petrochemical revenues annually of which $12.1b was in hard currency
generated by exporting items and nearly $5b was generated by supplying the
items on the domestic markets.
He also said that Iranian petrochemical
plants exported cargoes to 30 destinations in Europe or Asia, adding that the
technical knowhow for production of most of the catalysts used in the sector
had been developed domestically by Iranian research centers and universities.