News ID: 280217
Published: 0429 GMT February 01, 2021

NPC official: 10-month petrochemical output up six percent

NPC official: 10-month petrochemical output up six percent

Domestic Economy Desk

Iran’s production of petrochemicals during March 20, 2020-January 19, 2021, witnessed a six percent growth, said a director of the National Petrochemical Company (NPC) on Monday

Describing the performance by domestic petrochemical complexes in the current Iranian calendar year (which started on March 20, 2020) as positive, Jalal Mirhashemi, the NPC’s director for production control, added the growth was achieved despite of different challenges the industry was faced with, IRNA reported.

He expressed hope that the domestic industry’s annual output would reach 61 million tons by March 20, 2021, saying, “No doubt, we would have made achieved a more significant growth in terms of producing petrochemicals in the absence of the coronavirus spread."

Iran’s annual petrochemical output is expected to reach 100 million tons, worth $25 billion, by March 2022.



Resource: IRNA
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