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Iran to Launch 6 Petchem Plants by March 2022

Iran to Launch 6 Petchem Plants by March 2022
(Tuesday, August 3, 2021) 16:47

TEHRAN (NIPNA) – The CEO of the National Petrochemical Company (NPC) said the country would bring online 6 petrochemical plants by the end of the current calendar year to March 20 2022.

Behzad Mohammadi said on Tuesday that 17 projects became operational last year and 11 others will come online this year and during the next calendar year: 6 this year and 5 others next year.

He further said that 39 other projects have been considered as the third leap of the petrochemical industry in Iran which will bring the country’s annual petrochemical production capacity to 137 million tons per year by 2026.

Inauguration of the projects would also bring about 35 billion dollars in petrochemical revenue for the country, he said.

Mohammadi added that other projects have been defined which are planned to bring the country’s petrochemical production capacity to 160 million tons per year by 2027. Iran’s petrochemical revenue would also reach 50 billion dollars by then, he said.

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