Iranian president inaugurates petrochemical plant in western province
Baku, Azerbaijan, Mar. 25
By Khalid Kazimov – Trend:
Iranian President Hassan Rouhani has inaugurated a petrochemical plant in the western province of Kordestan.
The petrochemical plant with a capacity for producing 300,000 tons of low-density polyethylene (LDPE) has created 700 new job opportunities, the government’s official news website reported.
President Rouhani arrived in the province this morning to inaugurate 21 development projects.
Iran has doubled gas output capacity since 2005 to about 284 billion cubic meters in 2016, of which 97 percent is methane and the remainder is ethane, propane, butane, etc.
Iran plans to double petrochemical output capacity by 2020 and increase its share in global petrochemical production to near 5 percent.