SHANA � Iran�s Noori Petrochemical Plant produced a total of 2.9 million tons of petrochemicals in the first 8.5 months of the current calendar year, which began on March 21.

Addressing a press conference on Monday, Taghi Sanei, the plant�s CEO, said that 60% of his company�s output was exported and the remaining was sold on the stock market or consumed as feedstock by other petrochemical plants, National Petrochemical Company (NPC) reported.

He said the company was processing a licensing round for a heavy cut sweetening project for production of quality gasoil whose fate would be determined in two months and construction of the project would begin in the early days of the next calendar year.

The official further added that the plant was connected with all the refineries of the South Pars gas field in order to ensure its feedstock supply and currently had no trouble for the supply of its feedstock.

Noori Petrochemical Plant consumes an average of 100,000 barrels of feedstock on a daily basis, he added, saying that the company was currently operating at 91% of its nameplate capacity but its output was 101% of the planned output.

Sanei further added that other development projects were under way in the facility which would increase its paraxylene output by 20% and its benzene output by 10%.