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NPC Revises Petrochem Output, Export Data

NPC Revises Petrochem Output, Export DataNPC Revises Petrochem Output, Export Data

Iran produced 46.4 million tons of petrochemicals in the last Iranian year (ended March 19), which is nearly 2 million tons more than that of the previous year (44.5 million tons).

The National Petrochemical Company published the figures in a revised report on production and export. It had previously reported exports to stand at a slightly lower volume of 46.3 million ton.

Based on the report, total domestic sale of petrochemical products also amounted to 14 million tons worth $7.02 billion, Shana reported.

Of the domestic sales, 6.5 million tons accounted for net sales and 7.5 million tons were sold to other petrochemical complexes.

Moreover, the Persian Gulf country exported 18.8 million tons of petrochemicals worth $9.6 billion in the same period.

Iran’s petrochemical industry, the country’s second biggest source of income, has experienced a steady growth in the past few years, dragging down raw material sales.

As the report indicates, companies of Shiraz, Laleh, Ghaed Basir, Marun, Mehr, and Fanavaran registered the highest production respectively.

Of the total output, 20 million tons account for the complexes of Asalouyeh, over 18 million tons were produced by complexes in Mahshahr Petrochemical Special Economic Zone and the rest came from other complexes nationwide.

Last year, 16 petrochemical complexes underwent a complete overhaul.

Financialtribune.com