NPC Seeking Maximized Share of Domestic Firms in Petchem Plans: CEO

(Tuesday, September 17, 2019) 15:22

TEHRAN (NIPNA) -- The CEO of the National Petrochemical Company (NPC) said the company was trying to ensure the maximized share of local firms in petrochemical projects of the country.

Speaking to reporters on Monday, Behzad Mohammadi said the petrochemical industry currently received about 33 million tons of feedstock which was equivalent to 650,000 barrels of oil per day which was supplied from oil and gas refineries and NGL units.

He added that 56 petrochemical plants of the country yielded 31 million tons of finished products annually, of which 22.5 million tons were exported and 8.5 million tons were consumed domestically.

According to the CEO of the National Petrochemical Company, the total value of petrochemical products from domestic sales and exports was $17 billion annually.

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لوگو- نیپنا

National Petrochemical Company