Iran sets target of 129m tons annual petrochemical output
Iran’s petrochemical sector has set an annual output target of around 129 million tons by the end of the country’s sixth five-year development plan (2016-2021), the Islamic Republic of Iran Broadcasting quoted from Hamidreza Rostami, the planning and management head of Iran’s National Petrochemical Company, Monday. Increasing amounts of foreign financing and also, effective planning by the Oil Ministry will contribute to realization of the goal. This enhanced production is specially brought about by the pumping of $11.5 billion into the ...
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