Home / Knowledge / News / Textiles / Iran brings four new petrochemical projects on stream
Iran brings four new petrochemical projects on stream
26
Apr '13
Four new petrochemical projects have gone on stream in Iran after they were inaugurated by President Mahmoud Ahmadinejad earlier this week.
 
The new projects located in Bandar Imam Petrochemical Complex in Mahshahr, a city in south-western Iran, would considerably boost Iran’s foreign exchange earnings, National Petrochemical Company (NPC) Managing Director Abdolhossein Bayat said, FARS News Agency reported.
 
The new projects would add 2.69 million tons to Iran’s petrochemical capacity and bring around US$ 1.9 billion in revenues to the country each year, Mr. Bayat said.
 
One of the biggest industrial set up in Iran, the Bandar Imam Petrochemical Complex, situated along the north-western coast of the Persian Gulf, produces several petrochemical products including ethane, butane, propane and 5-carbonate or heavier oil fractions.
 
Over the last few years, Iran has significantly developed its petrochemical product range and volume.
 
Iran exports its petrochemical products to over 60 countries, with Far East, Southeast Asia, Africa and Central Asia being its major export destinations.
 
NPC is now the second biggest manufacturer and exporter of petrochemicals in the Middle East, next to Saudi Arabia.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 26th Jul 2017

Q1 2018 revenue at Raymond soars 14%

The consolidated revenue of Raymond Limited for the first quarter of...

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Textiles | On 26th Jul 2017

Leather & footwear industry expecting incentive package

India’s leather and footwear industry is anticipating an incentive...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Urs Stalder
Sanitized AG

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X