14 Apr 2025
Wednesday 25 February 2015 - 13:54
Story Code : 152910

Iran petchem output could double

[caption id="attachment_151851" align="alignright" width="190"]Director for projects at National Petrochemical Company Marzieh Shah-Daei Director for projects at National Petrochemical Company Marzieh Shah-Daei[/caption]

TEHRAN Feb 25(Shana)--Iran could double its petrochemical production to 120 million tons a year if 60 half-finished projects come on-stream, project manager at National Petrochemical Company said.

Mazieh Shah-Daei said the 60 projects need $33.4 billion in investment, adding that startup of seven prioritized petrochemical projects will add 2.7 million tons to the country�s petrochemical production capacity.

She said the problems related to the finance of petrochemical projects depend on the outcome of nuclear talks between Iran and six world powers.

Shah-Daei also said that 36 new projects are envisaged to increase the country�s petrochemical production by 60 million tons.

By SHANA
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