Baku, Azerbaijan, Feb. 7
By Dalga Khatinoglu – Trend:
Iran inaugurated the second phase of Karoon as well as Takht-e Jamshid petrochemical plants Feb. 7.
The second phase of Karoon petrochemical plant will produce 40,000 tons of methylene bisphenyl isocyanate (MDI) annually.
The project cost 350 million euros.
The Takht-e Jamshid plant will produce 30,000 tons of styrene-butadiene rubber (SBR) as well as 18,000 tons of polybutadiene rubber (PBR) annually, SHANA reported.
During the inauguration ceremony, Marzieh Shahdaei, the director at National Petrochemical Company, said that currently Iran’s petrochemical production capacity stands at 60 million tons per year, sharing 2.3 percent of global petrochemical production.
Iran plans to invest about $50 billion in petrochemical projects to triple the production capacity by 2025.
|
Iran’s petrochemical sales |
3-Qs of current fiscal year (Mar. 21-Dec. 21) |
Change Y/Y (%) |
Last fiscal year |
Change Y/Y (%) |
|
|
Total domestic sale |
Volume (mn mt) |
11.543 |
14.3 |
14 |
-15.3 |
|
Value ($bn) |
5.638 |
5.1 |
8.473 |
-40 |
|
|
Net domestic sale (excluding sales among plants) |
Volume (mn mt) |
6.230 |
NA |
6.5 |
NA |
|
Value ($bn) |
2.83 |
NA |
3.557 |
NA |
|
|
Export |
Volume (mn mt) |
15.268 |
6.1 |
18.8 |
18 |
|
Value ($bn) |
6.481 |
-13.4 |
9.6 |
-7 |
|