News ID: 317278
Published: 0322 GMT October 20, 2021

Iran’s six-month petrochemicals production up 8%

Iran’s six-month petrochemicals production up 8%

Petrochemicals production increased eight percent in Iran during the six months to September 22, compared to the same period last year, according to an official in the National Petrochemical Company (NPC).

Jalal Mir-Hashemi, the NPC’s director for production control, put the six-month petrochemical output at 32.8 million tons, and highlighted that petrochemical plants operated with a good capacity during this period, Shana reported.

According to the official, considering the country’s current needs for the production of health care products like face masks, the petrochemical industry is continuing to increase output to supply feed in such areas.

With measures taken and the sustainable supply of feed in the current year, the production of various products in petrochemical complexes has increased; while meeting the needs of the domestic market, the export programs have also been realized, Mir-Hashemi noted.

He said: “The main approach of the NPC is to complete the production chain, diversify the products, provide feedstock for domestic industries and increase the added value of the products in this industry.”

Mir-Hashemi added: “All conditions and infrastructure are provided to achieve a leap in production in the Iranian petrochemical industry in the current year; with measures taken this year, the idle production capacities of some existing complexes will also be revived.”

The petrochemical industry plays a crucial role in Iran’s non-oil economy, as petrochemical exports are the second-largest source of revenue for the country after crude oil. Petrochemical exports already constitute nearly 33 percent of the country’s non-oil exports.

 

 

   
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