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Iran plans to launch 7 petchem projects by March 2016

by ChemOrbis Editorial Team - content@chemorbis.com
  • 05/08/2015 (11:18)
According to media reports, Iran is planning to launch seven petrochemical projects by the end of the current Iranian calendar year on March 19, 2016. Via the commissioning of the seven petrochemical projects, the country’s production capacity is expected to increase by 4 million tons/year. Iran aims to double its petrochemical production to 120 million tons/year. The estimated cost of the projects was reported at $2.34 billion.

In the first three months of the Iranian year from March to June, the country produced 11.5 million tons of petrochemical products.
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