Petchem Plants Generate $10b for Iran

Petchem Plants Generate $10b for Iran
(Sunday, July 14, 2019) 16:21

TEHRAN (NIPNA) -- Iran petrochemical companies generated as much as 10 billion dollars in revenues for the country over the past Iranian calendar year which ended on March 20.

The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC), Jafar Rabiei, said on Saturday that the industry generated 10 billion dollars for the country by exporting items last year.

Over 70 petrochemical products are being produced in Iran which will increase to 300 items by the next two years provided that several under-construction projects come on stream.

Some 18 projects have been defined in the country to be launched.  

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