Iran exported nearly $4.3b worth of petrochemicals in 10 months
January 23, 2008 - 0:0
TEHRAN (PIN) – Iran exported 7.026 million tons of petrochemical products, valued at 4.269 billion dollars, in the first 10 months of its calendar year (March 21, 2007 to Jan. 20, 2008).
According to Iran Petrochemical Commercial Co. (IPCC), liquefied gas had the lion’s share among export-bound products in terms of weight as its volume stood at 1.879 million tons.Based on predictions, the value of export-bound petrochemical goods will soar to five billion dollars by mid-March 2008.
Iran exported 6.48 million tons of petrochemical products from March 21 to Dec. 21.
The exports fetched the country 3.84 billion dollars.
Liquefied gas had the highest share, weighing 1.787 million tons.
Pars Special Economic Energy Zone (PSEEZ), Assaluyeh, southern Iran, exported 3.058 million tons of petrochemical products to the world markets in the nine month period.
According to the National Petrochemical Company (NPC), the products were exported by the Petrochemical Reserves and Terminals Company via the specialized port.
Zagros, Nuri, and Pars petrochemical complexes ranked first to third, exporting of 802, 624, and 473 thousand tons respectively.
The NPC added the products were shipped to the Asian and European states by 179 vessels.
The NPC managing director said petrochemical production would rise to 27 million tons from 19 million tons by the end of current Iranian calendar year (March 19, 2008).
Gholamhossein Nejabat added petrochemical industry earned the country 6.1 billion dollars in the previous Iranian year (ended March 20, 2007), predicting that the annual revenue would touch 8.3 billion dollars by mid-March 2008.
The NPC chief said 24 petrochemical projects were underway, adding 12.5 billion dollars had been invested in the projects, whose physical progress ranged from 30 to 98 percent.