Iran’s petrochemical production capacity up by 8m tons in past 4 years

EghtesadOnline: Minister of Petroleum Bijan Zangeneh said on Saturday that Iran's petrochemical production capacity has risen by eight million tons in the past four years.

News ID: ۷۴۱۱۰۷

22 April 2017

Zangeneh made the remarks in the 13th edition of Iran Petrochemical Forum (IPF) currently underway in Tehran.

According to IRNA, he added following the implementation of the nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA), a new long stride has been taken in the country’s petrochemical industry.

The minister underlined that the government is seeking to create the second jump in the country’s petrochemical industry.

With the motto of “Bringing the World of Petrochemicals Together” the two-day event opened at IRIB Int'l Conference Center in Tehran on April 22.

The two-day event is bringing together leading global players in various fields of the petrochemical industry where they can explore major challenges facing the industry.

IPF 2017 will focus on some of these challenges and needs including sustainable use of hydrocarbon resources, shortage of feedstock especially natural gas, competitive solutions and state-of-the-art technologies to maximize returns and to diversify and enrich the value chain.