FNA- Managing Director of the National Petrochemical Company Marziyeh Shahdaei announced that the NPC will considerably boost its production capacity in the current Iranian year (will end on March 21, 2018).

"Iran has plans to process 72 million tons of petrochemicals by the end of the current year," Shahdaei said.

He reiterated that Iran's petrochemical output will exceed 120 tons per year by the end of the 6th five-year development plan to 2022.

In relevant remarks in mid-April, Shahdaei announced that over two dozen projects will become operational by the end of the current Iranian year

"A sun of 30 new petrochemical projects will come on stream by the end of this year," Shahdaei said on Sunday, addressing the opening ceremony of four petrochemical projects.

She reiterated that Iran's petrochemical industry will turn into a front runner for attracting foreign investors.