NPC Ready for Int'l Cooperation
NPC Ready for Int'l Cooperation
Sunday, April 29, 2018

NPC Ready for Int'l Cooperation

Sunday, April 29, 2018

NPC Ready for Int'l Cooperation

Iran's petrochemical industry is currently at a good global level and ready to expand cooperation with international firms, the head of National Petrochemical Company said. "The valuable industry is at an excellent stage of development, as it can compete with internationally prominent players regarding infrastructures, technology, equipment and labor force," Reza Norouz-Zadeh was also quoted as saying by Shana on Friday. The official added that foreign investments are key to reach the goal of 100 million tons of petrochemical production per annum by 2022. The country's annual petrochemical output currently stands at 55 million tons. Putting Iran's annual revenue from petrochemical exports at $12 billion, Norouz-Zadeh noted that achieving such a goal will also help increase export revenues by up to $50 million. Iranian producers exported 22.41 million tons of petrochemical and polymer products worth over $12 billion in the last fiscal year that ended on March 20, 2018.


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/qTyPd5
  1. https://goo.gl/z1Hvt7
  • https://goo.gl/wkjbdy
  • https://goo.gl/NADiHG
  • https://goo.gl/2gkeXz
  • https://goo.gl/GbYiRr

You can also read ...

Canada to Boost Support for Renewable Energy
Millions of dollars in subsidies for a Nova Scotia tidal...
The field has cumulatively produced about 15 million cubic meters of gas and 31.4 million barrels of oil and condensate.
India’s Reliance Industries has shut down an oil and gas field...
Iran's LPG Exports Fall to 356,000 Million Tons
Iran's LPG shipments loaded, or due for lifting, in September...
Saudis, Russia Planning to  Replace Iran Oil Market Share
The joint OPEC and non-OPEC ministerial committee, aka JMMC,...
Emirati Oil Company Hoarding Jet Fuel
Emirates National Oil Company has begun storing jet fuel on...
OPEC,  Non-OPEC Aug. Compliance  at 129%
An OPEC and non-OPEC monitoring committee found that oil...
$30 Million for Mazandaran Gas Expansion  Scheme
Over 4.56 trillion rials ($30 million) have been allocated to...

Add new comment