The CEO of the National
Petrochemical Company (NPC), Behzad Mohammadi, said Iran’s petrochemical production
capacity would reach 150 million tons per year by 2026.
During a visit to
the Arak site of the Petrochemical Research and Technology Company (PRTC), the official,
who is also the Deputy Minister of Petroleum for Petrochemical Affairs, said new
policies were being defined for the intelligent development of the
petrochemical industry in Iran, adding the envisaged production capacity would
be materialized once strategic, propulsion and combined feedstock projects come
on stream across the country.
given the strategic planning taking place in the industry, the sector has moved
towards more smart development and based on this, the development path of this
industry will have higher resilience and less vulnerability.
He stated that by
2026, 134 petrochemical plants will be operating in Iran with an annual production
capacity of 150 million tons.
The NPC CEO further
announced development of polypropylene plants by dipping into Iranian savvy.
He emphasized the
prominent and effective role of PRTC in the path of smart and sustainable
development of the petrochemical industry, and said the efforts made at PRTC in
production of key catalysts have rendered the country self-sufficient in
production of the items.