Iran Petchem Industry Set for Record Growth by 2028

Iran Petchem Industry Set for Record Growth by 2028
(Monday, September 8, 2025) 15:56

TEHRAN (NIPNA) – Iran’s petrochemical sector is poised for an unprecedented expansion, with total capacity expected to reach 131.5 million tons by the end of the country’s seventh development plan in 2028, according to Ahmad Jalilianfard, project director at the National Petrochemical Company.

Speaking on Sunday, Jalilianfard outlined the launch of 66 strategic petrochemical projects under the plan, including 19 projects scheduled for 2025, which collectively will add approximately 10 million tons of annual production capacity. These projects cover a broad range of products, from methanol and polypropylene to urea, ethylene, and ethylene glycol.

The initiatives also include key infrastructure developments, such as new power plants, water desalination units, and modernized loading terminals at the Pars Petrochemical Port and other export hubs, enhancing both domestic supply chains and international export capabilities.

“By the end of 2025, Iran’s petrochemical capacity will surpass 100 million tons, marking a significant milestone not only in production volume but also in strengthening our global standing,” Jalilianfard said.

The expansion is expected to generate nearly 4,000 direct and over 8,400 indirect jobs, boosting employment in surrounding communities. He emphasized that over 75% of the equipment for these projects is domestically produced, highlighting the growing capabilities of Iranian manufacturers and knowledge-based companies.

Looking ahead, the eighth development plan is projected to add another 55 million tons to the sector’s capacity over the next decade, underscoring Iran’s commitment to sustained growth and technological advancement in petrochemicals.

 


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