Petrochemicals

With a combined production capacity of 2.2 million tons annually. the plants cost $1.3 billion.

NPC is the chief regulatory body in the petrochemical sector.

Petrochemical exports increased by 8% compared to the previous year.

Iran is self-sufficient in topnotch technologies.

Iran is pressing ahead with plans to reform its petrochemical industry as the country aims to diversify its oil-based economy.

The showcase is being held with 4.000 exhibitors from across the globe running 1.800 pavilions.

Itochu is willing to expand business in the Iranian market. including investments in petrochemical projects.

RIPI is the research and development arm of the Oil Ministry.