Iran Plans to Boost Petchems Output This Year

 Iran plans to increase petrochemicals production by more than 5 million m.t./year to 49 million m.t./year in the current Iranian calendar year, which ends on March 20, 2013, according to Mehr News Agency (Tehran). Abdolhossein Bayat, managing director of the National Petrochemical Co. and Iran’s deputy oil minister, says that the country’s installed petchems capacity is currently about 55 million m.t./year and the country plans to double output to about 100 million m.t./year by 2015.   Bayat says that Iran’s petchems exports have not...

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