Iran’s 10-month petchem ex­ports worth close to $9.7b

Iran Daily - - Front Page -

Ira­nian petro­chem­i­cal com­plexes ex­ported more than 18.58 mil­lion tons of prod­ucts worth $9.69 bil­lion dur­ing March 21, 2017-Jan­uary 20, 2018. Of the to­tal ex­ports in the nine-month pe­riod, more than 9.48 mil­lion tons val­ued at $4.81 bil­lion per­tained to petro­chem­i­cal com­plexes lo­cated in Pars Spe­cial En­ergy Eco­nomic Zone (PSEEZ) in the south­west­ern prov­ince of Bushehr, Shana re­ported.

Over five mil­lion tons of the to­tal fig­ure in the same times­pan val­ued at $2.76 bil­lion were ex­ported from petchem com­plexes in Mahshahr port in Khuzes­tan Prov­ince, south­west­ern Iran. Dur­ing the 10-month pe­riod to Jan­uary 20, the over­seas sales of petro­chem­i­cals from Ira­nian com­plexes lo­cated in other re­gions ex­ceeded 4.4 mil­lion tons, gen­er­at­ing $2.1 bil­lion in rev­enue.

In this pe­riod, Za­gros Petro­chem­i­cal Com­pany in Bushehr Prov­ince ranked first among other Ira­nian com­plexes weight-wise ex­port­ing more than 2.49 mil­lion tons of petro­chem­i­cals.

Nouri Petro­chem­i­cal Com­pany in the same prov­ince shipped petro­chem­i­cal prod­ucts val­ued at over $1 bil­lion abroad dur­ing March 21, 2017-Jan­uary 20, 2018, to rank first among the PSEEZ com­plexes in terms of value.

Among the com­pa­nies lo­cated in Petro­chem­i­cal Spe­cial Eco­nomic Zone, Mahshahr port, Ban­dar Imam Petro­chem­i­cal Com­plex was first in terms of the value of the ex­ports in the same du­ra­tion sell­ing more than 1.76 mil­lion tons of prod­ucts worth $880 mil­lion in for­eign mar­kets.

Kharg Petro­chem­i­cal Com­pany in Kharg Is­land, the Per­sian Gulf, was also a top ex­porter of petro­chem­i­cals in the said pe­riod with sales fig­ures reach­ing 964,000 tons val­ued at more than $337.42 mil­lion.

Asian coun­tries, par­tic­u­larly those in East and South Asia, are the main cus­tomers of Ira­nian petro­chem­i­cals.

Fol­low­ing the sign­ing (July 2015) and later the im­ple­men­ta­tion (Jan­uary 2016) of the Joint Com­pre­hen­sive Plan of Ac­tion Iran’s petro­chem­i­cal ex­ports to Europe have been on the rise.

Since 2013, Iran has stepped up ef­forts to or­ga­nize the coun­try’s ex­ports and im­ports by for­mu­lat­ing new poli­cies.

Since the same year, the num­ber of petro­chem­i­cal units in Iran has grown from 43 to 53 while its in­stalled petro­chem­i­cal ca­pac­ity has reached 64.9 mil­lion tons from 59.8 mil­lion tons.

The an­nual out­put of Ira­nian petro­chem­i­cal com­pa­nies has in­creased from 41.3 mil­lion tons in 2013 to more than 44 mil­lion tons in the pe­riod be­tween De­cem­ber 22, 2017-Jan­uary 20, 2018.

Ira­nian petro­chem­i­cal in­dus­try’s in­stalled ca­pac­ity is ex­pected to stand at 172.1 mil­lion tons by the end of the Sixth Five-year Eco­nomic De­vel­op­ment Plan (2017-21). In ad­di­tion, an­nual pro­duc­tion and ex­ports of petro­chem­i­cals are ex­pected to reach 152.8 mil­lion tons and 98.7 mil­lion tons, val­ued at $54 bil­lion, by the same year.

Iran is the Mid­dle East’s se­cond big­gest pro­ducer of petro­chem­i­cals ac­count­ing for 23.6 per­cent of the re­gion’s to­tal out­put.

Out­put

In ad­di­tion, dur­ing the 10-month pe­riod to Jan­uary 20, 2018, Ira­nian petro­chem­i­cal com­plexes pro­duced more than 44.2 mil­lion tons of prod­ucts.

Of this fig­ure, 16.25 mil­lion tons were pro­duced by 21 petro­chem­i­cal com­pa­nies lo­cated in Mahshahr port.

The an­nual nom­i­nal pro­duc­tion ca­pac­ity of the petchem com­plexes lo­cated in this zone stands at 25.6 mil­lion tons. They are ex­pected to pro­duce 21 mil­lion tons of petro­chem­i­cals by March 21, 2018.

Close to 18.68 mil­lion tons of the to­tal out­put of Ira­nian petchem com­pa­nies in this pe­riod were pro­duced in 16 com­plexes lo­cated in As­sa­louyeh in the south­ern Ira­nian prov­ince of Bushehr. These com­plexes’ nom­i­nal out­put ca­pac­ity amounts to 32.7 mil­lion tons per an­num.

They plan to pro­duce 26.5 mil­lion tons of petro­chem­i­cals by mid-march 2018.

Pro­duc­tion at 21 petchem com­plexes lo­cated in the cen­tral re­gions reached 9.26 mil­lion tons in the 10-month pe­riod to mid-jan­uary, 2018. The an­nual nom­i­nal ca­pac­ity of these com­plexes is 13.7 mil­lion tons, a tar­get of which 11.4 mil­lion tons are es­ti­mated to be achieved by March 2018.

Iran’s to­tal petro­chem­i­cal out­put dur­ing De­cem­ber 22, 2017-Jan­uary 20, 2018, stood at 4.28 mil­lion tons.

SHANA

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