Home / Knowledge / News / Textiles / Iran's share rises in Middle East's petrochemical output
Iran's share rises in Middle East's petrochemical output
May '13
Iran’s share in the Middle East’s petrochemical production has risen to 24.5 percent, Director of National Petrochemical Company’s (NPC) Planning and Development Department, Ramazan Ouladi has said.
Mr. Ouladi said Iran has now started paying higher attention to the petrochemical industry, and it launched several petrochemical projects during last calendar year.
As a result, NPC’s contribution to the country’s non-oil exports increased to 37.5 percent during the last Iranian calendar that ended on March 20, 2013, FARS News Agency reported.
Earlier, Managing Director of NPC Abdolhossein Bayat, who is also the Deputy Oil Minister for Petrochemical Affairs noted that the new projects inaugurated this year would significantly boost the country’s foreign exchange earnings.
Last month, Iranian President Mahmoud Ahmadinejad launched four petrochemical projects in Bandar Imam petrochemical Complex, in Mahshahr, a city to south-west of Iran.
Situated on north-western coast of the Persian Gulf, the Bandar Imam Petrochemical Complex is one of the biggest industrial setup in Iran, and produces products including Propane, Ethane, Butane, and 5- Carbonate or heavier oil fractions.
Over the past few years, Iran has significantly widened the range as well as volume of its petrochemical production. The country currently exports these products to over 60 countries, mainly to Central Asia, Africa, Southeast Asia and Far East countries. 
Meanwhile, NPC has established itself as Middle East’s second biggest manufacturer and exporter of petrochemical products, next only to Saudi Arabia.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kevin Nelson

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Bani Batra

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

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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


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

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