18 January 2020 - 16:07
  • News Code: 297810
Iran Eyes 2mt Petchem Output by Optimizing Production

TEHRAN (Shana) – An Iranian petrochemical official said Iran’s petrochemical production capacity would increase by 2 million tons by tapping unexploited capacities in petrochemical facilities of the country.

According to the National Petrochemical Company (NPC), NPC’s Director for Production Control Jalal Mir Hashemi, said the company, with the cooperation of petrochemical companies, had planned to tap the unexploited potentialities of petrochemical plants in Iran.

He underlined the favorable upward trend of petrochemical production growth in the country, adding in the past years and for certain reasons, part of the production capacity of production complexes had not been exploited in Iran and plans were under way to activate these potentialities in the coming year with the cooperation of petrochemical holdings and companies which would add 2 million tons to the country’s annual petrochemical output.

He said realization of the second and third petrochemical leaps of the country were one of the key policies of the NPC besides which are enhancing production and removing production bottlenecks of the industry.

The NPC official father said the optimal use of installed capacity in the petrochemical industry and exploitation of empty capacities could lead to the realization of the second development leap in the petrochemical industry, adding: “By identifying and prioritizing removal of production bottlenecks, we will be able to make use of potentialities without any major capital as investments have already been made for their creation.”

News Code 297810


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