Petrochem Output Forecast at 100 Million Tons by 2022

Ten petrochemical projects are underway and expected to be completed by 2022 to boost output to 100 million tons a year from the current 90 million tons, the oil minister said.
Addressing a virtual ceremony to inaugurate three petrochemical projects on Thursday, Bijan Namdar Zanganeh said: “Forty petrochemical projects are under construction and annual output will reach 133 million tons in six years,” the Oil Ministry news agency Shana quoted him as saying.
“In the past eight years 32 plants with 34 million tons output have been launched and petrochemical output capacity has increased from 56 million tons in 2013 to 90 million tons now,” he added.