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FinancialNews
13-09-21
Iran produces 35M tons of final products for downstream sector, export
(MENAFN)Iranian experts were successful in indigenizing the acquaintance for the manufacturing of two catalysts used in the petrochemical sector, that saves this sector USD70 million.
All production processes of the two catalysts were carried out based on domestic knowledge and abilities, according to the report.
Out of 85 types of catalysts applied in the country’s petrochemical industry, 22 types worth USD123 million are now domestically produced, stated a director in Iran’s National Petrochemical Company (NPC).
Some 35 million tons of final products are yearly produced for the downstream sector and export, stated Shahram Rezaei, the NPC investment director, as elaborating on the current status of Iran’s petrochemical industry.
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