Iran's Petchem Output to Exceed 43mln Tons by Yearend
TEHRAN (FNA) - Iran plans to considerably increase its petrochemical production by the end of the current Iranian year (March 20, 2015) hitting a new record of 43mln tons, an official at the National Iranian Petrochemical Company (NIPC) announced.
Ali Mohammad Bosaqzadeh said Iran has produced nearly 40 million tons of petrochemicals since last March, adding that the figure is expected to reach 43 million tons this March.
Iran produced 40 million tons of petrochemicals in the last calendar year, with $9bln worth of its products being exported.
The country plans to increase its petrochemical exports to $12bln this year.