ID :
198912
Wed, 08/03/2011 - 10:52
Auther :
Shortlink :
https://oananews.org//node/198912
The shortlink copeid
Official: Iran to Increase Petrochemical Products
TEHRAN (FNA)- Director of the National Iranian Petrochemical Company (NIPC) Abdolhossein Bayat stressed that Iran plans to boost the volume of its petrochemical products by building dozens of production units across the country.
Bayat said the country's petrochemical exports will reach $14 billion by March 19, 2012.
He added that Iranian petrochemical products worth about $14 billion would be exported by the end of the current Iranian calendar year, which ends on March 19, 2012.
The official added that Iranian companies produced more than 10.2 million tons of petrochemicals in the first three months of the current Iranian calendar year (March 21 to June 21), showing a two-percent growth compared to the same period of the year before.
Bayat went on to say that Iran exported 4.1 million tons of petrochemical products worth $3.1 billion in the mentioned period, indicating about 29 percent of growth.
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.
Bayat said the country's petrochemical exports will reach $14 billion by March 19, 2012.
He added that Iranian petrochemical products worth about $14 billion would be exported by the end of the current Iranian calendar year, which ends on March 19, 2012.
The official added that Iranian companies produced more than 10.2 million tons of petrochemicals in the first three months of the current Iranian calendar year (March 21 to June 21), showing a two-percent growth compared to the same period of the year before.
Bayat went on to say that Iran exported 4.1 million tons of petrochemical products worth $3.1 billion in the mentioned period, indicating about 29 percent of growth.
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.
