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.
Iran's petrochemical industry is most attractive to foreign investors in view of its lucrativeness and favorable circumstances in the country, said a director of the National Petrochemical Company (NPC).
An NPC official said that Iran’s petrochemical industry experienced a six percent uplift in production over five months and a 12- percent rise in exports over four months since beginning of the current Iranian year (began March 21).
Iran is geared to set an unprecedented record for the second consecutive year in the production of petrochemicals during the year to mid-March 2018, said a director of National Petrochemical Company (NPC).
Foreign investors are flooding into Iran with the implementation of the Joint Comprehensive Plan of Action (JCPOA), said deputy oil minister, who also heads Iran's National Petrochemical Company (NPC).
Ground is being paved for direct investment by Royal Dutch Shell in Iran's energy and petrochemical projects and the company will soon invest in Iran, said the head of the investment department at National Petrochemical Company (NPC).
The newly-appointed head of Iran's National Petrochemical Company (NPC) said maximizing petrochemicals production using hydrocarbon reserves — especially natural gas — will be the company's top priority under her leadership.