Speaking at the 12th Iran Petrochemical Forum (IPF2015), Head of Iran's National Petrochemical Company (NPC) Abbas Shari-Moghaddam said despite the international sanctions, Iran will add 4.5 million tons to the petrochemical production capacity noting “on the basis of designed plans, another 4.5 million tons will be added to the current capacity by the end of the next Iranian year.”
Shari-Moghaddam enumerated the aim pursued in the development of Iran's petrochemical industry including to avoid raw retail, completion of the value-added chain as well as the implementation of Resistance Economy policies; “domestic and foreign investors need to develop the petrochemical industry taking advantage of proper facilities in Iran,” he asserted.
