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Iran 7-Month Petchem Output Grows 8% Y/Y

Iran 7-Month Petchem Output Grows 8% Y/Y
(Monday, October 26, 2020) 15:26

TEHRAN (NIPNA) – Iran’s petrochemical output rose by 8 percent year-on-year in the first 7 months of the current calendar year, which began on March 21.

The director of production control at NPC said petrochemical companies were operating at an acceptable capacity in the country despite the problems they are faced with.

Jalal Mirhashemi said given the performance of the plants, the petrochemical sector was expected to realize the year’s motto, i.e. production leap.

The Director of Production Control at NPC, emphasizing that Iran's petrochemical industry as one of the parent industries is one of the most important pillars of development and the driving force of various sectors of the economy, said: “National Petrochemical Company's approach to completing the production chain, diversifying output, feeding domestic industries as well as enhancing the value of the product portfolio of the petrochemical industry.”

Mirhashemi stated: "Considering the existing capacities and ongoing measures, conditions and infrastructure have been provided to achieve a leap in production in the petrochemical industry.”

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