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Iran exports petrochemicals to 60 countries

Source: Mehr News Agency, Tehran

Iran exported some $14 billion worth of petrochemical products to 60 countries last calendar year, which ended on March 19, said the National Petrochemical Company (NPC) managing director on Saturday.

National Petrochemical Company (NPC)

Abdolhossein Bayat added that $10.5 billion of oil income will be allocated to the development of national petrochemical industries, Pana news agency reported.

Iran has developed 69 plans to boost its petrochemical output from this year's 54 million tons to 100 million tons in 2015.

The NPC production manager, Mohammad-Ali Bassaqzadeh, said that 30 kinds of petrochemical products have been exported to Asian, European, and African countries over the past 11 months.

Bassaqzadeh said that the figure shows a 75 percent increase compared with the same period last year.

Western Europe and China are the main recipients of Iran's petrochemical exports, followed by Southeast Asia, the Middle East, the Subcontinent, Africa and Latin America.

... Payvand News - 04/08/12 ... --

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