19-Fold Increase In Petchem Production Capacity In Post 1979 Islamic Revolution Era

Tehran, Feb 6, IRNA – Iran’s petrochemical production capacity has increased 19 folds to 54,500,000 tons compared to the pre-Islamic Revolution era. Public Relations Department of National Petrochemical Company (NPC) said nominal petrochemical production capacity reached 51 million tons until the end of the Fourth Five-Year Economic Development Plan (2005-10) from three million tons at the beginning of the 1979 Islamic Revolution. Based on the report, only six petrochemical facilities, including Shiraz, Abadan, Razi, Kharg, Farabi and Karbon Iran, with a total capacity of 1,600,000 tons were active in 1978 but the number of such facilities rose to 39 in the post-Islamic Revolution era, raising the output to 15,800,000 tons in 2005 and more than 40 million tons in 2010./end