Azerbaijan, Baku, Dec.28 /Trend, A.Yusifzade /
Iran's petrochemicals' production increased by 24 percent in the first nine months of the current Iranian calendar year started on March 21 2010, production control manager of National Petrochemical Co. (NPC) Ali Mohammad Basagh Zadeh was quoted by National Iranian Chemical News Agency as saying.
"Iranian petrochemicals production during the nine months of this year totaled 30 million tons up 24 percent when compared with similar period last year", Basagh Zadeh said.
Earlier, Deputy Iranian minister of petroleum for petrochemical affairs Abdolhousain Bayat said that Iran's petrochemicals' production and exports increased by more than 35 percent in the first seven months of the current Iranian calendar year started on March 21 2010.
Petrochemicals sales during the seven months of the year totaled 14.130 million tons up 32 percent when compared with similar period last year, Bayat said.
"More than 9.560 million tons of the petrochemicals exported showing 33 percent increase in comparison with similar period last year,' Bayat said.
Meanwhile petrochemicals exports revenue stood at $5.7 billion up 62 percent in comparison to corresponding period a year earlier.
On domestic sale, Iranian deputy minister of petroleum noted that 4.57 million tons of petrochemicals, up by 29 percent; have been offered inside the country in the bourse or as feedstock to other petrochemical plants.
The managing director of the National Petrochemical Company had already stated that the company has the capacity to produce up to 17 million tons of petrochemicals a day.
Bayat said that gasoline production at the aromatic units would be continued unless the officials to decide differently.
He stated that petrochemicals exports go on normally although confirmed that a very small fraction of aromatic products are being used for gasoline production.
Currently, Iran implements Petrochemical Projects worth $44 billion by Bank Saderat, Bank Pasargad and private sector investors.