Energy
0

NPC Export Revenues Up 94% in H1

The total value of petrochemical exports is projected to reach $14.5 billion by March 2022
NPC Export Revenues Up 94% in H1
NPC Export Revenues Up 94% in H1

Iran's petrochemical exports in the first half of the current fiscal year (March 21-Sept. 22) increased by 94%, the National Petrochemical Company’s director for planning and development said.
“NPC exported products worth $7 billion in the six-month period while the figure in the same period of last year was a meager $3.6 billion,” IRNA also quoted Hassan Abbaszadeh as saying.
“The total value of petrochemical exports is projected to reach $14.5 billion by March 2022,” he said.
“NPC’s annual output was 3 million tons in 1979, which has now reached 90 million tons.”
According to the official, 920,000 people are active in the industry and a rise in NPC’s production by 1 million tons can create jobs for at least 170,000 more people.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com