Home / Knowledge / News / Textiles / Iran's petrochemical production grows since 2005
Iran's petrochemical production grows since 2005
Aug '12
Iran’s petrochemical industry has been on an upward swing since the last eight years. Experts believe that the production of petrochemicals in the country has increased by nearly170 percent since President Mahmoud Ahmadinejad took office.
Since 2005, around 38 petrochemical plants have been established in the country. These plants have further helped in increasing the production from 20 million tons to 54 million tons per year.
The new petrochemical units set up during the period include Olefin-7 in Marun petrochemical facility, Methanol IV in Zagros petrochemical facility, Aromatic IV in Borzuyeh petrochemical facility, PTA/PET II in Tondguyan petrochemical facility, Olefin 10 in Jam petrochemical facility. The Assalouyeh Ethylene project in Morvarid petrochemical facility has also become operational during the tenure of Mr. Ahmadinejad.
Industry experts estimate that nearly 5.2 million tons of petrochemicals, worth US$ 55.1 billion were exported between the years 2005 to 2011.  Moreover, some 55.4 million tons of petrochemical products were sold inside the country during the same period.
Iran exports its petrochemical products to more than 60 countries around the world.
Analysts say the countries buy petrochemicals from Iran are keen on extending their contracts by 15 to 25 years because of the high quality of petrochemicals produced in the country. 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search