Fariborz Karimaei said at the 32nd conference of petrochemical CEOs
that the petrochemical industry played a significant role in the country’s
economy in recent years, and said: “The petrochemical industry with a current nominal
capacity of about 92 million tonnes per year, produced about 70 million tonnes
of products in 1401 (March 2022-March 2023), of which about 40 million tonnes
are final products for sale.”
He added: “Last year, about 28 million tonnes of petrochemical
products were exported and 12 million tonnes were sold domestically, which
generated a total of $27 billion in revenue.”
The deputy head of the Petrochemical Employers Association continued:
“The share of petrochemical exports from non-oil exports in 1401 was about 30
percent.”
Karimaei elaborated on the performance of the petrochemical industry
in the country’s economy, and said: “The petrochemical industry has exported
120 million tonnes of petrochemical products worth $61 billion in the years
1397 to 1401 (March 2018-March 2022) despite sanctions, and injected 81 percent
of it into the NIMA system.”
He added: “More than 27 million tonnes of raw materials for downstream
industries worth $26 billion and more than 11 million tonnes of urea fertilizer
at subsidized prices worth $3.2 billion for the agricultural sector were
supplied by petrochemical companies at the peak of sanctions in the years 1397
to 1401.”