Addressing the
closing ceremony of the 5th Oil and Power Congress in Tehran on Wednesday,
Behzad Mohammadi said: “Petrochemical industry as a sustainable and attractive industry
has an important role in the economic system of the country and creates value by
using resources available in the country.”
The official
also said that the industry’s development would make it easier for small and
large enterprises to generate jobs in the downstream petrochemical industry.
Speaking about the
resources required by the petrochemical industry, he said: “Petrochemical
industry resources include feedstock, water and electricity. Petrochemical
industry with capacity of 66 million tons per year has goals such as production
of items and export in the economic sector and plays a leading role in the
country's economic system in terms of value creation.”
Mohammadi added
that the petrochemical industry currently received about 33 million tons of
feedstock which was equal to 650,000 b/d of crude oil.
"There are
currently 56 active petrochemical complexes receiving the feedstock, while the
number will reach 83 with the second leap in the sector by which feedstock
supply will reach 62 mt/y by 2021.”
By 2025, he
added, there would be 109 active petrochemical plants in Iran which would
receive 74 mt/y of feedstock.