TEHRAN, Oct. 16 (MNA) – Iran’s petrochemical production will reach around 78 million tons by the end of the current Iranian calendar year (March 19, 2024), said the National Petrochemical Company (NPC) managing director on Sunday.

Speaking to reporters on the sidelines of the Congress of Safety Process in the Oil, Gas and Petrochemical Industries, Morteza Shahmirzaei added the output target for the first six months (March 21-September 22, 2023) materialized as more than 35 million tons of petrochemicals were produced during the period.

The National Petrochemical Company has given priority to supplying domestic industries with feedstock, he mentioned, according to Shana.

Completion of the value chain is on the agenda of the Oil Ministry, underlined Shahmirzaei, adding, “We are determined to produce all types of petrochemicals.”

He stressed the need for installing process system management (PSM) systems in all petrochemical complexes.

MNA/PR