News ID: 264518
Published: 0406 GMT January 18, 2020

NPC : Nearly 2m tons of dormant petrochemical capacity to become operational

NPC : Nearly 2m tons of dormant petrochemical capacity to become operational

Close to two million tons of the latent capacities of Iran’s petrochemical complexes will become operational in the next Iranian calendar year (to start March 20, 2020), said a manager of the National Petrochemical Company (NPC) on Saturday.

Describing as favorable the trend reflected by Iran’s production of petrochemicals, Jalal Mirhashemi, the NPC’s production control manager, added that over the past years, part of the total capacity of the domestic petrochemical complexes has not been used, IRNA reported.  

Plans have been drawn up to use this capacity in the next year in cooperation with domestic petrochemical holdings and complexes.

He described as a priority of the NPC in coming years, removing obstacles to boosting the country’s petrochemical production capacity.

The ground can be prepared for increasing Iran’s production and exports of petrochemicals by making optimum use of the installed capacity in the domestic petrochemical industry and helping inactive units become operational, Mirhashemi said.

“By identifying production bottlenecks and removing them according to their priority, it would be possible to make maximum use of the capacity created earlier through hefty investments in the domestic petrochemical sector without the obligation of spending heavily.

In addition, he stressed, the NPC plans to take the necessary measures to increase the diversity of the country’s petrochemicals, meet the domestic need for such products and increase its share of export markets through greater coordination with the Oil Ministry, the National Iranian Gas Company as well as Iranian petrochemical complexes and holdings.


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