"At present good and effective measures have been adopted in the petrochemical industry and the (country's) capacity for producing petrochemicals has increased to 54.5mln tons from 25mln tons, which shows a two-fold increase (compared with) the previous amount and indicates our country's efforts and self-sufficiency," Ahmadinejad said in Mahshahr city on Monday. Iran on Monday officially inaugurated three important petrochemical industry projects in the country's Mahshahr Petrochemical Special Economic Zone. The projects include the polyvinyl chloride (PVC) production line at Arvand Petrochemical Complex, the oxygen and nitrogen production line at Maroon Petrochemical Plant and the second liquids loading pier at Mahshahr Petrochemical Special Economic Zone. All three enterprises were inaugurated in the presence of senior Iranian officials on Monday, May 21, to mark the anniversary of the liberation of Khorramshahr city from Iraqi occupation during the eight-year Iraqi imposed war (1980-1988). Arvand, the fourth petrochemical complex to produce PVC in Iran, will increase the country's annual production capacity by 340 thousand tons. The output will fully satisfy Iran's domestic demands and even turn the country into a PVC exporter. It is estimated that the Islamic Republic will hold 25 to 30 percent of the global market following the export of the product. Since 2005, when President Mahmoud Ahmadinejad ascended to power, 38 petrochemical plans have been launched leading to rising production of petrochemical products from 20 million tons to 54 million tons per year. Iran's petrochemical products are exported to more than 60 countries across the world.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor