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Regions :: Middle East :: Iran

Iran outlines 2020 targets at 10th IPF conference

11:15 AM MDT | May 14, 2013 | Natasha Alperowicz

Iran on Monday, the first day of the 10th Iran Petrochemical Forum, outlined its petrochemical ambitions. Managing-director of the National Petrochemical Company (NPC; Tehran) Abdolhossein Bayat said, "Iran will have a share of 41% in the Middle East's petrochemical output by 2020." The country’s current share is 25% of that total, he said. Iran has significantly expanded the range and volume of its petrochemical products over the past few years, and NPC has become the second-largest producer and exporter of petrochemicals in the Mideast, after...

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