VOL. XL

No. 27

7-July-1997

IRAN

Iran Plans Major Petrochemical Industry Expansion

by Basim Itayim

In the following article MEES Publisher Basim Itayim, who recently visited Iran,reports on that country's ambitious strategic plan to raise the production capacity of thepetrochemical industry from the current 12mn tons/year to over 30mn t/y by 2021. To thisend the Iranian Government is inviting local and foreign private capital to participatewith the state-owned petrochemical company.

Iran is...