Iran’s annual petrochemical production capacity to top 95 million tons, says NPC chief

SHANA (Tehran) – Iran’s annual petrochemical production capacity will surpass 95 million tons (mt) by the end of the current Iranian calendar year (March 19, 2024), said the National Petrochemical Company (NPC) managing director.

Morteza Shahmirzaei, who made the announcement during his Wednesday visit to Mokran Petrochemical Town in Chabahar, southeastern province of Sistan and Baluchestan, added the output capacity was around 2.5 million tons in 1979.

Expressing his congratulations on the Iranian Petrochemical Industry Day, the CEO of NPC said, “Sixty-five years have passed since the executive operations of the first petrochemical plant of Iran started on Dec. 29, 1958.”

He added Iran’s petrochemical industry was completely dependent on foreign countries, but it is now run by domestic experts.

The model of petrochemical development in Mokran follows the policy of avoiding selling raw materials, said the official, pledging that the zone will witness great developments and 20,000 steady jobs will be created when Mokran Petrochemical Town’s operations end.

According to him, downstream and upstream plants will be constructed in Mokran Petrochemical Town with the aim of supplying end products to markets.

News ID 635334

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