Iran petchem exports surpass $3.4 billion

Oil&Gas Materials 27 January 2013 12:29

Azerbaijan, Baku, Jan.27/ Trend F.Milad‎‏

Iran has exported over 1.63 million tons of petrochemicals worth 3.43 billion dollars in the first 10 months of the current Iranian calendar year, which began on March 20, 2012.

The amount shows a 2-percent increase compared to the same period of previous year, the Fars News Agency reported.

Iran's overall petrochemical production capacity currently stands at 57 million tons per year.

Iran has significantly expanded the range and volume of its petrochemical products over the past few years and the NPC has become the second largest producer and exporter of petrochemicals in the Middle East after Saudi Arabia.

The Islamic Republic exported a total of 18.2 million tons of petrochemicals and polymer worth about USD14.2 billion, to more than 60 countries in the last Iranian calendar year (ended on March 19, 2012).