Home / Knowledge / News / Textiles / Iran exports $12bn petrochemicals in calendar year
Iran exports $12bn petrochemicals in calendar year
11
Apr '13
During the Iranian calendar year that ended on March 20, 2013, the country exported around 16 million tons of petrochemical products worth US$ 12 billion, Tehran Times reported quoting Iranian Deputy Oil Minister Abdolhossein Bayat as saying.
 
Iran’s petrochemical production capacity, which grew by 13.2 percent during last year to 60 million tons, is expected to reach about 100 million tons by 2015, Mr. Bayat said.
 
Last year, Iran exported its petrochemical products to around 60 countries with Central Asia, Africa, Far East and Southeast Asia being its key export destinations.
 
Earlier in February this year, while unveiling the country’s plan of setting up three new petrochemical hubs in near term, Mr. Bayat said these projects would help the country grow into the largest petrochemical producer in the Middle East.
 
Over the past few years, Iran has remarkably expanded the production volume and product range of its petrochemical products, following which National Petrochemical Company (NPC) has become Middle East’s second biggest manufacturer and exporter of petrochemical products, next to Saudi Arabia.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 17th Jan 2017

GST rollout from July 1; states to control small taxpayers

The Centre and states have reached a consensus on the issue of dual...

Textiles | On 17th Jan 2017

Reliance Industries net increases 3.6% in Q3FY17

In the three months ended December 31, 2016, India’s biggest private...

Courtesy: Carnegie Fabrics

Textiles | On 17th Jan 2017

Calera Capital acquires majority stake in Carnegie Fabrics

Private equity firm Calera Capital has bought a majority stake in...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

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 ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search