Petchemical Output at 100 Million Tons p.a. by 2022

Petrochemical production will reach 100 million tons a year, worth $25 billion, by 2022, the oil minister told the 14th Iran Plast International Exhibition on Sunday.
If projects proceed as planned total revenue from this sector would rise to $33 billion with output capacity near 133 million tons a year, Bijan Namdar Zanganeh said, IRNA reported.
“Since the beginning of the current year (last March), 11 petrochemical projects have come online and 15 more will be launched by 2022,” Zanganeh said