ID :
183551
Sun, 05/22/2011 - 08:11
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Shortlink :
https://oananews.org//node/183551
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Iranian VP: Iran to Double Petrochemical Products

TEHRAN (FNA)- Iranian First Vice-President Mohammad Reza Rahimi stressed that Iran plans to double the volume of its petrochemical products by building dozens of production units across the country.
"The capacity of annual petrochemical production in Iran stands at 51mln tons and we are going to double this capacity by creating 66 different units to add 65mln tons to the current figure," Rahimi said, addressing the 9th International Petrochemical Forum here in Tehran on Saturday.
Referring to Iran's abundant potentials and resources in oil and petrochemical fields, he said while Iranian experts and engineers are well capable of exploiting these resources, the country is also open to foreign companies for cooperation in this arena.
He underlined the government's preparedness to cooperate with all investors in this field, and stated, "We are trying to set up subset industries in downstream petrochemical sector as far as we can."
Iran, the world's fifth largest oil producer, exported around 14mln tons of petrochemical products worth more than $12bln in 2010.
The country inaugurated a number of giant petrochemical projects in Khuzestan province in Southwestern Iran in February in the presence of President Mahmoud Ahmadinejad.
One of the projects was Amir Kabir Light Petrochemical Polyethylene worth $310 million with a production capacity of 300,000 tons a year.
The project was completed at a time when foreign companies such as Siemens of Germany stopped cooperation in the project under the pretext of the sanctions imposed on Iran by the US and EU.
The other petrochemical units included the light polyethylene of Amir Kabir Complex, part of phase 2 of Fajr Complex and the hard polystyrene unit of Tabriz Complex.
"The capacity of annual petrochemical production in Iran stands at 51mln tons and we are going to double this capacity by creating 66 different units to add 65mln tons to the current figure," Rahimi said, addressing the 9th International Petrochemical Forum here in Tehran on Saturday.
Referring to Iran's abundant potentials and resources in oil and petrochemical fields, he said while Iranian experts and engineers are well capable of exploiting these resources, the country is also open to foreign companies for cooperation in this arena.
He underlined the government's preparedness to cooperate with all investors in this field, and stated, "We are trying to set up subset industries in downstream petrochemical sector as far as we can."
Iran, the world's fifth largest oil producer, exported around 14mln tons of petrochemical products worth more than $12bln in 2010.
The country inaugurated a number of giant petrochemical projects in Khuzestan province in Southwestern Iran in February in the presence of President Mahmoud Ahmadinejad.
One of the projects was Amir Kabir Light Petrochemical Polyethylene worth $310 million with a production capacity of 300,000 tons a year.
The project was completed at a time when foreign companies such as Siemens of Germany stopped cooperation in the project under the pretext of the sanctions imposed on Iran by the US and EU.
The other petrochemical units included the light polyethylene of Amir Kabir Complex, part of phase 2 of Fajr Complex and the hard polystyrene unit of Tabriz Complex.