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Home » Iran Looks to Triple Its Output of Chemicals Over Next 10 Years

Iran Looks to Triple Its Output of Chemicals Over Next 10 Years

December 28, 2015
Gulf News

Once sanctions against Iran's economy end, the country will target $70bn (Dh256.9bn) in investment from companies as part of an effort to increase production capacity to 180 million metric tons a year by 2025 from 60 million currently, Mohammad Hasan Peyvandi, vice president of Iran's National Petrochemical Co., said.

“The criteria for choosing a foreign partner is for it to bring in technical know-how,” he said on the final day of a two-day conference in the Iranian capital. “For us the right combination of technology and capital to be brought in by the investor is most ideal.”

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Chemicals & Energy High-Tech/Electronics Middle East/Africa
KEYWORDS chemical industry supply chain Chemicals & Energy Gulf News High-Tech/Electronics Iranian economy Iranian import-export volume Iranian sanctions Middle East/Africa supply chain management: chemicals and energy
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Iran Looks to Triple Its Output of Chemicals Over Next 10 Years

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