Iran to add 9m tons to petrochemical production capacity

Iran plans to expand its petrochemical production capacity by 9.0 million tons in the current Iranian year (ending March 2026), according to the head of the National Petrochemical Company (NPC). Hassan Abbaszadeh, head of the state-owned company, said during the first meeting of senior managers in the new year that efforts to collect associated gas with the cooperation of major petrochemical holding firms would boost the industry’s feedstock supply, Shana reported.

He noted that the commissioning of the NGK 3200 project will help meet part of the sector’s feedstock demand.
Abbaszadeh emphasized the importance of institutionalizing unity and synergy across the sector to achieve sustainable development, noting that agile, dynamic organizations require efficient and skilled human resources to enhance productivity.

The deputy oil minister added that one of the key roles of development-oriented firms is to facilitate private sector investment in petrochemicals. He said the National Petrochemical Company stands ready to support investors in this regard.
He called on company managers to actively back the industry during the Year of “Investment for Production” by taking practical steps to address the challenges faced by petrochemical firms.