Iran 4-Month Petchem Output at 15.6mt (FARS News Agency (Iran))

TEHRAN (FNA)- Iranian petrochemical plants processed 15.6 million tons of petrochemicals during the first four months of the current Iranian calendar year which started on March 21.

Given their nameplate capacity, the plants could have processed more than 5.5mt of different petrochemicals during the same period which was not materialized because of feedstock shortages and certain unforeseen issues with the plants, shana reported.

On the contrary, Farabi, Urumiyeh and Shiraz petrochemical plants operated at 119%, 118% and 108% of their capacity during the month of Tir (4th Month in Iranian calendar). The three plants were the most petrochemical productive units across the country during the month.

Earlier in August, Ali Mohammad Bosaqzadeh, director of production control at National Petrochemical Company (NPC), said the figure shows a mere 4% rise year-on-year.

He said production from petrochemical plants at Pars Special Economic Energy Zones (PSEEZ) rose by 8% during the period from a year ago while output from the plants at Mahshahr and other regions rose by 2% and 4%, respectively.

There are more than 60 half-finished petrochemical projects in Iran waiting to be funded for completion, he said, adding that the projects have progressed from 10 to 90%.

Once completed, the projects will add 60 million tons of petrochemical annually to Iran’s production capacity which stands at 60mt currently.

The projects are to be fed by the natural gas recovered from various phases of the supergiant South Pars gas filed which Iran shares with Persian Gulf Arab state Qatar.

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