Iran Petchem Output up 8% Y/Y in H1

Iran Petchem Output up 8% Y/Y in H1
(Monday, October 25, 2021) 16:43

TEHRAN (NIPNA) – Iran’s petrochemical production grew by 8 percent in the first half of the current calendar year, which began on March 21 compared to the same period last year.

The production control director of the National Petrochemical Company said: "Petrochemical complexes produced 32.8 million tons of various petrochemical products in the first 6 months of this [calendar] year and supplied them to global markets after meeting domestic needs."

Speaking to NIPNA, Seyed Jalal Mirhashemi stated: "The priority of production is to meet domestic needs and then exports. In this regard, production of various petrochemical products according to the plans made in the first 6 months of this year experienced a 8% growth compared to the same period last year.”

He added: "Due to the outbreak of coronavirus in the country, the supply of raw materials for grades required by the health sector, including grades used to produce masks by petrochemical complexes continues with a desirable capacity."

Iran's petrochemical industry is one of the mother industries and one of the most important pillars of development and the driving force of various sectors of the country's economy, he went on to add.

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