Petrochem Output Near 32m Tons, Exports Earn $14b in 10 Months

Iranian petrochemical production and exports grew by 8% and 5% respectively between July 2021 and April 2022, and reached 32 million tons and 22 million tons compared to a year ago.
Based on data from the National Petrochemical Company's news website Nipna, the sector’s nominal output capacity is around 75 million tons, but shortage of feedstock and not having a strong presence in global markets do not permit the industry to operate at full capacity, the Energy Today website reported.
The nominal production capacity of 67 major petrochemical complexes, mostly concentrated in the cities of Mahshahr (Khuzestan Province) and Asalouyeh (Bushehr Province), is forecast to reach 90 million tons by March 2023, with actual output forecast to reach 42 million tons in seven months.