TEHRAN – The worth of Iran’s exports of petrochemical products reached $6.769 billion in the first four months of the current Iranian calendar year (March 20-July 21), showing 41.51 percent growth compared to the same period of time in the previous year, according to Iran’s Customs Administration.

The country exported 13.684 million tons of petrochemical products during the first four months of this year, Shana news agency reported on Monday.

In the past Iranian calendar year (which ended on March 19, 2016), 46 million tons of petrochemicals were produced in Iran by the use of 80 percent of the capacity of domestic plants,  Alimohammad Bossaqzadeh, the control manager of National Petrochemical Company (NPC), told the Shana news agency in early April.

In June 2015, Mohammad-Hassan Peyvandi, the then deputy managing director of NPC, said Iran planned to raise its petrochemical production to over 180 million tons in a course of ten years. 

Also, as Oil Minister Bijan Namdar Zanganeh announced in February, the country plans to augment the worth of its petrochemical production by about 30 percent to $22 billion by the next two years.

EF/MA