BAKU, Azerbaijan, May 17
By Elnur Baghishov - Trend
The production at petrochemical facilities in Iran increased by 6 percent from the beginning of the current Iranian year (March 20, 2020) to May 9, compared to the same period last Iranian year, Iran's National Petrochemical Company (NPC) Production Control Manager Jalal Mirhashemi said, Trend reports citing the official website of the company.
According to Mirhashemi, given the existing potential and the steps taken this year, production is expected to increase significantly.
Mirhashemi added that it is planned to make maximum use of the existing potential of some plants in addition to the new enterprises to be commissioned.
Iran currently produces 66 million tons of petrochemical products a year. It is planned to increase this production to 100 million tons and the country's revenues from $17 billion to $25 billion until 2022. At the same time, it is planned to increase production to 133 million tons and revenues to $37 billion in Iran’s petrochemical sector until 2026.