Energy
0

PGPIC Output to Surpass 20 Million Tons This Year

PGPIC Output to Surpass 20 Million Tons This Year
PGPIC Output to Surpass 20 Million Tons This Year

The Persian Gulf Petrochemical Industries Company has planned to produce 20.5 million tons of products by the end of the current Iranian year (March 2023), managing director of the company said.
“Of the total output, 10.9 million tons will be supplied to the domestic market while 9.6 million tons will be exported. The total value of our products is going to reach $13.5 billion by the yearend,” Abdolali Ali Askari was also quoted as saying by the Oil Ministry’s news agency Shana.
A total of 21 projects worth $15 billion are underway by PGPIC, which is touted as the largest petrochemical firm in Iran, he added.

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