Iran 9-Month Petrochemical Output up 8% Y/Y
TEHRAN, Jan. 18 — Iranian petrochemical plants supplied 40 million tons of petrochemical products in the first 9 months of the current Iranian calendar year which began on March 20, up 8% year-on-year, petrochemical official said.
Ali Mohammad Bossaqzadeh, director of production control at National Petrochemical Company (NPC), said nearly 40 million tons of petrochemical products were produced by petrochemical facilities across the country during the 9 months, adding supply of domestic markets is the first priority of petrochemical plants in Iran.
He said the plants has sold over 12.5 mt of petrochemicals on the domestic markets, up 17% from the same period last year.
Bossaqzadeh also said that export of petrochemical products also rose by 8% in the period, adding that Iranian petrochemical companies exported 16 million tons.
Source : Shana
About National Petrochemical Company (NPC)
The National Petrochemical Company (NPC), a subsidiary to the Iranian Petroleum Ministry, is owned by the government of the Islamic Republic of Iran. It is responsible for the development and operation of the country’s petrochemical sector. Founded in 1964, NPC began its activities by operating a small fertilizer plant. Today, NPC is the second largest producer and exporter of petrochemicals in the Middle East .Over these years, it has not only expanded the range and volume of its products, but it has also taken steps in areas such as Research and Technology to achieve more self-sufficiency.
