NPC details petrochemical projects eyed under Iran's expansion plan

Iran is hoping to entice foreign investors into participating in a major expansion of its petrochemical sector.The growth plans of Iran's National Petrochemical Co. are ambitious, to say the least. If NPC accomplishes its goals under the multi-phase development program, Iran's capacity to manufacture petrochemical intermediates and final products will grow from 13 million metric tons/year in 1998 to 20 million tons/year in 2001 and 31 million tons/year in 2005.The program is divided into five phases. Phases 1 and 2 comprise 10 projects due for completion by 2002. These units have a total capacity of 1.8 million tons/year of intermediates and 4.7 million tons/year of final products...

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