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Min. Stresses Balanced Development of Petchem Value Chain

Min. Stresses Balanced Development of Petchem Value Chain
(Monday, September 20, 2021) 16:25

TEHRAN (NIPNA) – Iranian Minister of Petroleum Javad Owji has announced inauguration of several petrochemical plants in the current calendar year, which began on March 21, underlining the necessity of the balanced development of the petrochemical industry.

During a visit to the southwestern province of Khuzestan, Mr. Owji learned about the latest energy-related developments in the energy capital of the country, Khuzestan.

He said major petrochemical plants are to be launched in the provinces with the aim of ensuring balanced development in the region.

Also in a radio interview, Owji had said that 70% of the country’s petrochemical output is exported and only 30% is consumed domestically which needs to be revised.

He also said that under the Raisi administration special focus has been given to the balanced development of the petrochemical industry.

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