NPC Determined to Maintain Petrochem Import Downtrend

The import of petrochemical products has experienced a downtrend over the last two years and over 30 projects have been planned to maintain the downtrend in coming years, managing director of the National Petrochemical Company said.
“Petrochemicals worth $2 billion were imported in 2020, which decreased to $1.5 billion in 2021 and NPC’s imports are projected to be around $1 billion in 2022,” Mehr News Agency also quoted Morteza Shah-Mirzaei as saying.
With the help of 33 development projects, NPC’s import will reduce by 70%, he added.
The official noted that with the implementation of these projects, NPC seeks to diversify the range of petrochemical products and help complete the value chain in petrochemical industry.