Annual Polymer Output to Reach 20 Million Tons in Seventh Plan

The installed capacity for polymer production is expected to reach 20 million tons per year in the seventh five-year development plan (2022-27).
Based on data from the Oil Ministry and the National Petrochemical Company, the current annual production capacity of 9 million tons will witness a 120% growth in the next five years, IRNA reported.
To diversify the basket of petrochemical products, plans are in place to add five new polymer items to the production list during this period.