{"id":4732,"date":"2023-04-10T13:37:31","date_gmt":"2023-04-10T13:37:31","guid":{"rendered":"http:\/\/roydadnaft.ir\/English\/?p=4732"},"modified":"2023-04-10T13:37:32","modified_gmt":"2023-04-10T13:37:32","slug":"deputy-minister-annual-petchem-sales-fetch-26b","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/4732\/","title":{"rendered":"Deputy minister: Annual petchem sales fetch $26b"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\">\n<p>Iran\u2019s deputy oil minister Saturday said the country\u2019s petrochemical industry earned $26 billion by selling its products in the year of 1401, which ended on March 20, 2023.<\/p>\n\n\n\n<p>Speaking in a press conference, Morteza Shahmirzaei added, \u201cOver 69 million tons of petrochemicals were produced during the yearlong period, of which around 27 million tons worth some $16 billion were exported and about 12 million tons valued at $10 billion were sold inside the country.\u201d<\/p>\n\n\n\n<p><strong>Diversification of export markets<\/strong><\/p>\n\n\n\n<p>The petrochemical industry was successful at producing, completing projects, and supplying the country\u2019s forex reserve in the previous year, boasted the NPC chief, continuing that new export markets were defined and achievements and capacities of the petrochemical sector were introduced to different countries.<\/p>\n\n\n\n<p>He said Iran\u2019s urea was sold to other countries in the name of other states for a long time, adding, \u201cBut we took risks amid sanctions and decided to export urea with the Iranian brand. Now, it is time to export other petrochemical products with Iranian brands.<\/p>\n\n\n\n<p>Shahmirzaei mentioned that about 80 percent of petrochemical development projects are implemented by domestic experts and the remaining will be done by relying on expertise of Iranian industrialists, specialists, scientific and research centers, and knowledge-based companies.<\/p>\n\n\n\n<p><strong>Marketing beyond borders<\/strong><\/p>\n\n\n\n<p>The National Petrochemical Company has also given top priority to the marketing of its products across the world this year, he said.<\/p>\n\n\n\n<p>According to the deputy minister, the industry is making every effort to implement 21 petrochemical projects to complete the value chain.<\/p>\n\n\n\n<p>Last year, the official continued, made a great success and joined the world\u2019s catalyst exporters and now the northern neighbors, European and Far Eastern states are the importers of Iranian-made catalysts.&nbsp;<\/p>\n\n\n\n<p><strong>Output could hit 80m tons<\/strong><\/p>\n\n\n\n<p>The National Petrochemical Company (NPC) head predicted if feedstock of petrochemical plants is sustainably supplied, this year\u2019s output will reach 80 million tons.<\/p>\n\n\n\n<p>Shahmirzaei added that 10 new petrochemical complexes will come on stream this year and the country\u2019s annual production capacity will exceed 95 million tons.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2023-04-10T13:37:32+00:00\"> 10 April 2023<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Iran\u2019s deputy oil minister Saturday said the country\u2019s petrochemical industry earned $26 billion by selling its products in the year of 1401, which ended on March 20, 2023. Speaking in a press conference, Morteza Shahmirzaei added, \u201cOver 69 million tons of petrochemicals were produced during the yearlong period, of which around 27 million tons worth [&hellip;]","protected":false},"author":1,"featured_media":4712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,22,36,19,21],"tags":[],"services":[],"class_list":["post-4732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-iran","category-lastnews","category-news","category-petrochemical"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/4732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=4732"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/4732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/4712"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=4732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=4732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=4732"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=4732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}