Addressing a ceremony to unveil several achievements of the NPC,
Behzad Mohammadi said on Monday that BY 2025 several projects will come online in
the industry which will bring feedstock consumption of the industry to an
equivalent of 2.3 million barrels per day. Mohammadi said Iran’s petrochemical
industry is more proud, more dynamic and stronger than ever in the field of
sustainable production and supply of feedstock for downstream industries, exports
and hard currency generation, adding in the calendar year of 1399, which ended
on March 20, roughly 40 million tons of feedstock was consumed by the industry,
an equivalent of 1 mbd of crude oil, wroth $6b that was fed to 67 petrochemical
plants across the country.
He said the figure was expected to reach an equivalent of
2.3 mbd by 2025 once new projects come online in the industry.
Last year Iran added 25 million tons to its annual petrochemical
production capacity, he said, adding the industry also supplied 34 sellable
products during the same year which generated $15 billion.