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

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Mohammad Hassan
Biax Fiberfilm

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

Giorgio Mantovani
Corman S.p.A

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Prathyusha Garimella
Prathyusha Garimella

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

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Jay Ramrakhiani
Occasions Elegance Wear

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

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