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Iran’s annual petchem exports projected to hit $13b: official
4/30/2013 11:18:03 AM
The volume of Iran’s petrochemical exports are predicted to hit 17.4 million tons, the Mehr News Agency quoted Abdolhossein Bayat as saying on Monday.
 
Over 40,000 petrochemical units are in operation across the country, he added.
 
Iran exported some $12 billion worth of petrochemical products in the past Iranian calendar year, Bayat said.
 
The volume of exported products amounted to about 16 million tons, he noted.
 
Last year, petrochemical products were exported to around 60 countries of the world, he said.
 
Iran’s nominal petrochemical production capacity was increased by about 13.2 percent in the previous Iranian calendar year, according to Shana.
 
The Far East, Central Asia, Southeast Asia and Africa were the main destinations of the Iranian products.
 
Earlier in March, Bayat said the country’s petrochemical output is planned to hit 100 million tons by 2015.
 
Bayat said Iran is in negotiations with some countries for exporting its new petrochemical products.
 
In February, Bayat announced Iran’s plans to establish three new petrochemical hubs in the near future, saying the projects will turn Iran into the biggest petrochemical producer in the Middle East, Press TV reported.
 
Iran has significantly expanded the range and volume of its petrochemical products over the past few years, and the NPC has become the second largest producer and exporter of petrochemicals in the Middle East after Saudi Arabia.