85430
Petrochem Export Volume, Value Increase in 2017
Petrochem Export Volume, Value Increase in 2017
Saturday, April 28, 2018

Petrochem Export Volume, Value Increase in 2017

Saturday, April 28, 2018

Petrochem Export Volume, Value Increase in 2017

Petrochemical exports experienced a 6% and 20% hike in volume and value respectively in 2017, production manager at the National Petrochemical Company said.
"The country produced 54 million tons of petrochemicals, of which 22 million tons, worth $12 billion, was sold in international markets in the fiscal year that ended on March 20, 2017," Qodratollah Farajpour was also quoted as saying by NIPNA, the NPC's news agency. 
According to the official, of the total output, 17.5 million tons were sold to domestic exports, showing a 28% and 6% increase in value and volume respectively compared with last year's corresponding period.
"Iran petrochem export rose by 6% in 2017. NPC also completed Phase 3 of Pardis Petrochemical Company in Asalouyeh, with a capacity of 1.7 million tons of urea and ammonium," he said.
 

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.

Short URL : https://goo.gl/j5oztR
04/28/2018
  1. https://goo.gl/yhZjG2
  • https://goo.gl/xXjp3M
  • https://goo.gl/N4NXAJ
  • https://goo.gl/wxSdGn
  • https://goo.gl/gGqEgf

You can also read ...

US May Impose Sanctions on China for Buying Iranian Oil
The United States is prepared to impose sanctions on all...
Total to Boost Its Nigeria Output
French supermajor Total will increase Nigeria’s oil production...
Aramco Investments Aimed at Future Oil Demand
Saudi state oil giant Saudi Aramco remains committed to...
Libya’s Oil Security Concerns Increase Freight Premiums
Persistent security concerns over Libya’s oil export capacity...
Seoul Worries Over Condensate Supplies
South Korea is seeking a sanctions waiver from the US to...
Call for Expediting Electricity Joint Ventures With Armenia
Measures should be taken to expedite joint projects between...
Iran uses a pricing formula whereby gas feedstock is offered to petrochemical plants at 9 cents per cubic meter.
Although Indian investors have signaled their interest in...
50 NIDC Contracts for  Local Manufacturers
The National Iranian Drilling Company has commissioned...

Add new comment

Trending

Googleplus