Iran will become the largest producer of petrochemical products
China Drying Network News At present, Iran has obvious advantages, huge supply of raw materials, abundant energy resources, production of standardized raw materials, and skilled and experienced employees. In 2011, the output of Iranian petrochemical products reached 18.2 million tons, and its petrochemical product revenue reached US$14.6 billion. Abdol Hossein Bayat, general manager of Iran's National Petroleum Corporation (NPC), stated that Iran's outlook document for 2025 shows that Iran will become the largest producer of petrochemical products. As of the fifth five-year plan for Iran (2011-2015), Iran’s installed capacity of petrochemicals will reach 55 million tons after Iran’s investment of $50 billion in 73 energy projects.
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