$30b Investment to Increase Annual Petrochemical Output to 133m Tons

The National Petrochemical Company plans to raise its production capacity to 133 million tons per year by 2025 and to do so, it has devised 48 projects that need an investment of $30 billion, NPC’s director of planning and development said.
“Of the total amount, $8 billion have been spent on 17 projects so far and the rest will be allocated in the next four years,” Mehr News Agency quoted Hassan Abbaszadeh as saying.
Almost 60% of the petrochemical projects are in Asalouyeh and Mahshahr in southern and southwestern Iran and the rest are scattered in other regions.