Home / Knowledge / News / Textiles / Petrochemical production adopts a presto pace
Petrochemical production adopts a presto pace
Jan '08
The National Petrochemical Company (NPC) recently observed that petrochemical production by the end of March 2008 is likely to reach 27 million tons from the previous 19 million tons produced in the last year.

While the country earned about US $6.1 billion in the last fiscal year, it is most likely to touch $8.3 billion this year.

At a ground breaking ceremony of Third Urea and Ammonia Complex in Shiraz, the NPC chief talked about its ongoing projects. This included 24 petrochemical projects for which an investment of nearly $12.5 billion has already been made.

Most importantly, an ethylene line measuring 2,400 kilometers in length would be constructed running from the southern to the western part of the country. This apart, 10 pertrochemical complexes including Mamassani, Kazerun, Gachsaran, Borujerd, Khorramabad, Sanandaj, and Andimeshk would be built along the line.

Further, the annual urea fertilizer of Shiraz Petrochemical Complex is also expected to increase to 1.5 million tons from current 500 thousand tons.

Experts believe that keeping in mind the present growth in the country's production, Iran is already on its way to become the world's cradle for petrochemical production in the next few years.

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Amit Jain
Shingora Textiles Ltd

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

Urs Stalder
Sanitized AG

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Bani Batra

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search