May 1, 2023, 10:48 AM
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News ID: 85097939
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Iran’s annual petchem output to reach 140 mln mt in 5 years

May 1, 2023, 10:48 AM
News ID: 85097939
Iran’s annual petchem output to reach 140 mln mt in 5 years

Bushehr, IRNA – Iran's petrochemical production capacity will increase to 140 million metric tons (mt) per year in the next five years and at the end of the 7th National Development Plan, an Iranian official has said.

Morteza Shahmirzaei, an Iranian deputy oil minister, said on Monday that the number of Iran’s petrochemical complexes would increase from 70 to 108 facilities in the next five years.

Shahmirzaei said petrochemical complexes will be launched across Iran from border regions in northwest to Makran coastal regions in southeast of the country.

He said that Iran's petrochemical production was merely 1.5 million mt when the Islamic Revolution of 1979 happened, adding that the output has currently reached 93 million mt.

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