59189
Petrochem Co. Releases Data
Petrochem Co. Releases Data

Petrochem Co. Releases Data

Petrochem Co. Releases Data

Iranian petrochemical plants produced 42 million tons of products in the first 10 months of the current fiscal year that ends in March, National Petrochemical Company said in a report. During the period to Jan. 19, 1.6 million tons of which were exported, Shana reported. NPC said that petrochemical complexes in Mahshahr, the major petrochemical hub in the southern Khuzestan Province, produced 15.1 million tons in that period, accounting for more than one-third of the total. With a nominal petrochemical production capacity of around 65 million tons per year, output is expected to exceed 50 million tons in the present fiscal. Tehran hopes to boost capacity to 130 million tons a year by 2020. Reportedly, Iran wants $72 billion in foreign investment for 80 petrochemical projects that should be developed under the sixth economic development plan (2017-22) that is still being reviewed in the Majlis.

 

Short URL : https://goo.gl/9Evrik
  1. https://goo.gl/MmvckA
  • https://goo.gl/TorozI
  • https://goo.gl/EcdVrD
  • https://goo.gl/oPoEkb
  • https://goo.gl/SBDmIi

You can also read ...

Iran to Tap International Banks for Energy Finance
Domestic water and power plans are expected to draw a total of...
China Can Substitute US Crude With Iranian Oil
Beijing’s retaliatory measures against US tariffs can include...
Exxon to Build LNG Terminal in Australia
ExxonMobil plans to develop a project to import liquefied...
Goldman kept its forecast that Brent Crude will hit $82.50 a barrel this summer and end 2018 at $75 per barrel.
Despite expectations that OPEC and Russia will likely decide...
Japan Accelerates Plan for Restoring Gas Supply
Japan’s Osaka Gas Company said on Tuesday it would bring...
NIOC Needs to Maintain Current Output, Exports
Despite the US-Saudi Arabia ploy to coerce OPEC members' to...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus