2% growth in Iran’s share in the Middle East petrochemical trade
“Hassan Abbaszadeh” today (Friday) in an interview with IRNA economic reporter, noting that there are different indicators to measure the state of petrochemical production in the world, continued: In terms of production capacity in 2009, Iran has a 2.5 percent share of production The world has had petrochemical products, which has increased to 2.7 percent at the end of last year, taking advantage of the second leap plans of the petrochemical industry. Iran’s share of the world’s petrochemical production capacity is increasing while most countries are working to upgrade their capacity.
He added: “This increase in capacity in the Middle East is more for Iran and in the Middle East, Iran in 1998, while in 1998, had 24.9 percent of the region’s petrochemical capacity, which at the end of last year reached 26.5 percent.” .
Abbaszadeh, stating that about 70% of Iran’s petrochemical products are exported, said: “Iran’s share in the world petrochemical products trade in 1998 was about 5.3% and at the end of 1999, due to increased exports, 5.9% of exports.” We had the world.
According to the Planning and Development Director of the National Petrochemical Company, Iran’s share in the Middle East petrochemical trade was 20.2% in 1998, with a growth of about 2% to 22.1% at the end of 1999.
Targeting to become the number one producer of petrochemical base products in the Middle East
He stressed: Iran now has a production capacity of 30 million tons of petrochemical base products such as methanol, olefins, ammonia, aromatics, etc., is second only to Saudi Arabia in the Middle East, but with the implementation of ongoing petrochemical projects by the end of 1405, This capacity will reach 57 million tons per year for Iran, and at that time Iran will be the first base product in the Middle East, and Saudi Arabia will be the second with a production capacity of 48 million tons.
Abbaszadeh added: “The importance of producing basic petrochemical products is because these products are the branch of creating a value chain in this industry.”
He estimated Iran’s share of petrochemical products revenue at $ 17 billion and continued: “The value of petrochemical and chemical products in the world is estimated at $ 3.7 trillion annually, which of course includes all petrochemical and chemical products, including even pharmaceutical chemical products.” Which have a high value per gram and are not included in the petrochemical complex; Therefore, the comparison of these two numbers is not very appropriate.
The Director of Planning and Development of the National Petrochemical Company, emphasizing that by the end of 1400 we will reach the production capacity of 95 million tons of petrochemical products in the country, said: In 1401, we will reach the production capacity of 100 million tons of petrochemical products per year.
According to Abbaszadeh, by the end of 1404, the production capacity of petrochemical products will increase to 136 million tons and total revenues will reach $ 37 billion.
Paying attention to completing the value chain in the fourth step of the petrochemical industry
He announced the development of the fourth step of petrochemicals and said: in this program, the focus is on the plans to complete the value chain and the plans in 3 groups have been proposed as the fourth step.
The Planning and Development Director of the National Petrochemical Company called the first group propulsion projects in 6 chains and added: “By developing propulsion projects, we will add 20 new products to the petrochemical product portfolio and the value of the products will increase.”
He emphasized: with the implementation of propulsion projects, the import of $ 1.3 billion of petrochemical products to the country will be prevented and the feed of complementary industries will be provided.
Abbaszadeh, another group of projects in the fourth step of petrochemicals, including three combined feed projects and said: the implementation of these projects, which require $ 12 billion investment, will add 15 million tons to the country’s petrochemical capacity.
He described the third group in the fourth step of petrochemicals as paying attention to the production of propylene and added: the production of propylene is followed by two ways of converting propane to propylene and converting natural gas to propylene in the country.
According to IRNA, with the definition of new plans and drivers in the petrochemical industry, as announced by the CEO of the National Petrochemical Company, the industry’s revenue by 1406 will reach more than $ 50 billion per year, compared to $ 15 billion in 1999. , Will experience a growth of 230%.
There are currently 50 active projects in the petrochemical industry, which will be operational by the end of 1404, bringing production capacity to 135 million tons per year.
Last year, 25 million tons were added to the country’s petrochemical capacity, and last year, 34 million tons of final products were sold, generating $ 15 billion in revenue.
This year, 43 million tons of final products will be produced, of which 33 million tons will be exported and 10 million tons will be used domestically, and for the first time, the revenue of the petrochemical industry will reach $ 21.5 billion.
The next step in the petrochemical industry, which will be completed by 1406, is defined in three categories: hybrid feed schemes, new propylene production schemes, and propulsion schemes, which include a total of 47 projects to reach $ 50 billion in 1406 for the petrochemical industry.
With the implementation of these plans, by 1406, the cumulative investment in this industry will be estimated at $ 125 billion.
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