This will be the
first of a series of international conferences supervised by National
Petrochemical Company (NPC) on value chain of petrochemical products.
The first value
chain conference entitled "Polyethylene" will be held in 6 sections:
domestic, regional and international markets, introduction of polyethylene
chain technologies and complementary industries, competitive advantages of Iran
and assessment of the industry’s leaders, and investment opportunities and
challenges.
Since
polyethylene is the largest member of the important family of polyolefins and
the most commonly used plastics in the world and its supply and its demand is in
the three grades of high density, low density and light linear grades, the need
to develop the value chain of this valuable product is the basis for this
conference.
Currently, the
total polymer production capacity in the country is about 8.2 million tons per
year, of which 4.8 million tons (60%) is allocated to polyethylene production.
Among polyethylene types, high density polyethylene with 45% has the highest
share in production and demand.
Iran's share in
polyethylene production in the Middle East is 20% and in global markets 4%.