According to Tondgouyan Petrochemical Company, the secretary
general of Iran's Association of Petrochemical Industry Corporation (APIC), Ahmad
Mahdavai, told reporters on Sunday that currently no disruption has been recorded
in production and export of petrochemicals despite the stifling US sanctions on
Iran, adding the new administration must pay special heed to the industry as
one of the strategic, hard currency-generating sectors of the country.
He stated that one of the reasons for the high hard currency
generation of the industry is the increase in the average price of petrochemical
and polymer products by $80 to $100, adding that the production capacity of
Iran's petrochemical industry will soon reach more than 100 million tons and
later to 137 million tons per year.
The APIC Secretary General further stated that in the
current situation, more than 50% of the country's hard currency needs are met
by the petrochemical industry, calling on Ebrahim Raeisi’s administration to
pay special attention to the sector.