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Construction of Iranian Petchem Plant almost complete

August 21, 2014 12:47 am

Ali Mohammad Bassaqzadeh, production manager at the National Iranian Petrochemical Company (NPC), said that Iran’s first indigenous petrochemical plant will be launched in the next two months, Iran Daily reported. “Takht-e Jamshid Petrochemical Plant has the capacity of producing 30,000 tons of synthetic rubber (SBR) and 18,000 tons of polybutadiene (PBR) per year,” he added. Bassaqzadeh noted that the polymer production unit of Lorestan Petrochemical Company will come on stream by March 2015, which has the capacity of producing 300,000 tons of polymer each year. Iran produced 40 million tons of petrochemicals last year and $9bn worth of its products were exported. The country plans to increase petrochemical exports to $12bn this year. Iran’s petrochemical exports increased 6% between March and June.