Energy
0

NPC: Uptrend in Iran's Petrochemical Sector

Most petrochemical plants are in Mahshahr in southwestern Khuzestan Province and Asalouyeh in the Persian Gulf, where water supply is not a major concern and proximity to international sea lanes makes transport and shipment cost effective
NPC: Uptrend in Iran's Petrochemical SectorNPC: Uptrend in Iran's Petrochemical Sector

Iran’s 55 petrochemical companies produced 35 million tons of products between March 22 and Sept. 22.
Despite the coronavirus pandemic and US sanctions the figure reveals 8% growth in the volume compared to the same period last fiscal. Petrochemical plants manufacture 333 different grades of polymers plus 40 types of chemicals, IRNA reported.
The news agency quoted Behzad Mohammadi, managing director of National Petrochemical Company, as saying that of the total output close to 25 million tons were exported.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com