Petrochem Industry Plans to Produce Value-Added Products

The development of petrochemical industry will help reduce crude sales, produce value-added products from hydrocarbon resources and generate higher revenues for the country, director of planning and development at the National Petrochemical Company said.
“The current development program includes diversifying the products, completing the value chain and reducing the import of petrochemicals,” Hassan Abbaszadeh was also quoted as saying by NPC’s news website Nipna.
A total of 10 projects will be launched by the end of the current Iranian year [March 20, 2022] and 40 more projects will become operational by 2025, he added.