Iran’s petchem industry to be self-sufficient soon: NPC chief

The managing director of the Iranian National Petrochemical Company (NPC) said that 87% of equipment used in Iranian petrochemical industry is produced by domestic companies
Speaking at a press conference on Tuesday, Morteza Shahmirzaei added that by implementing NPC plans, the country will gain self-sufficiency in production of petrochemical goods and facilities in the near future, Shana reported.
He also stated that more than 80 million tons of petrochemical products will be produced in the country by the end of the current Iranian calendar year (to end March 20,
2025).
Shahmirzaei put the volume of petrochemicals produced in Iran during the previous Iranian calendar year (ended March 20, 2024) at 73 million tons.
He said the current production capacity of the petrochemical units in the country is 96 million tons, expandable to 100 million tons.
Shahmirzaei added that about 30 million tons of petrochemicals were exported last year, and 13 million tons of petrochemicals were also consumed in the country.
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