Revenues generated by selling petrochemical products in domestic and international markets are predicted to reach $21.5 billion by the end of the current fiscal year (March 2021-22), managing director of National Petrochemical Company said.
“Close to 43 million tons of petrochemical commodities are expected to be produced in 67 petrochemical companies, of which 33 million tons will be exported,” IRNA also quoted Behzad Mohammadi as saying.
Exports of 27 million tons of products earned $10 billion in 2019. About 8 million tons of petrochemicals worth $5 billion were sold in the domestic market last year, he added.
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