Arab Today, arab today iran to invest 50bln in petrochemical sector
Last Updated : GMT 08:41:26
Arab Today, arab today
Arab Today, arab today

Iran to invest $50bln in Petrochemical sector

Arab Today, arab today

Arab Today, arab today Iran to invest $50bln in Petrochemical sector

Tehran - FNA

Addressing inauguration ceremonies of a petrochemical project (butane-1), Iranian Deputy Oil Minister for Petrochemicals, Abdolhosain Bayat said $50bln will be invested in the petrochemical industry over the fifth five year plan up to 2015, half of it in the Southern Bushehr province. According to the oil ministry\'s website, Bayat noted the current Iranian year named by the country\'s Supreme Leader as the \'Year of National Production, Supporting Iranian Labor and Capital\', and underlined that more jobs would be created in the petrochemical sector this year. Referring to the huge potentials in the petrochemical sector, Bayat said the industry enjoys value-added possibilities so that investment in the sector would be beneficial. He further pointed to the butane-1 project start-up, and said that the product is a valuable and not abundant product which the country imported until last year, adding the project will not only meet domestic needs but also turn the country into an exporter of the product. \"Last year the value of petrochemical exports stood at 14 billion dollars while the weight of it reached 43 million tons out of which 18 million tons were exported,\" Bayat noted. \"Regarding widespread investment potentials in petrochemical industry, National Petrochemical Company (NPC) is ready to support those who are interested to invest in the sector,\" Bayat concluded.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran to invest 50bln in petrochemical sector Arab Today, arab today iran to invest 50bln in petrochemical sector

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Turkey says ends its military operation

GMT 07:53 2017 Thursday ,30 March

Turkey says ends its military operation
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 12:33 2017 Wednesday ,29 March

OptiBac Probiotics to launch new supplement

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday