Iran’s Petrochemical Industry Making Use of Domestic Firms’ Expertise

The National Petrochemical Company (NPC) is seeking to ensure the maximized involvement of domestic manufacturers and contractors in petrochemical projects. the chief executive officer of the NPC. Behzad Mohammadi said.

He noted that the petrochemical industry has currently received about 33 million tons of feedstock. equivalent to 650.000 barrels of oil per day. which was supplied from oil and gas refineries and NGL units.

About 56 petrochemical plants of the country yielded 31 million tons of finished products annually. of which 22.5 million tons were exported and 8.5 million tons were consumed domestically. Mohammadi said.

The total value of petrochemical products from domestic sales and exports has hit $17 billion annually.

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