About downstream industries development
As one of the most profitable industries in the country and in order to avoid crude oil sales with comparative advantages due to the existence of huge oil and gas resources, high domestic market demand, strategic regional position and professional manpower, Iran’s petrochemical industry plays an important role in the economic and sustainable development of the country and undoubtedly depicts a clear outlook for the country's economic future. One of the strategic goals of the petrochemical industry is long-term and sustainable development, which aims to attract domestic and foreign capital.
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82%
share of IME and IEE in domestic sales of products
5%
Growth of Polymer Sales on Iran Mercantile Exchange
17%
Growth of Chemical Sales on Iran Mercantile Exchange
History of Petrochemical Industry in Iran
- Establishment of the Chemical Company and implementation of the construction plan of Marvdasht Fars Chemical Fertilizer Plant1958
- Establishment of the Chemical Company and implementation of the construction plan of Marvdasht Fars Chemical Fertilizer Plant1958
- Establishment of the National Petrochemical Company with government ownership and under the auspices of the National Iranian Oil Company1963
- The birth of the petrochemical industry Development of the petrochemical industry in the form of three development plans: construction of Razi (Shahpour), Abadan, Pazargad, Ahvaz Carbon (Iran), Kharg, Farabi (Iran Nippon) petrochemical complexes, and Shiraz and Bandar Emam (Iran- Japan) petrochemical development projects1963 - 1979
- Establishment of the National Petrochemical Company with government ownership and under the auspices of the National Iranian Oil Company1963
- The birth of the petrochemical industry Development of the petrochemical industry in the form of three development plans: construction of Razi (Shahpour), Abadan, Pazargad, Ahvaz Carbon (Iran), Kharg, Farabi (Iran Nippon) petrochemical complexes, and Shiraz and Bandar Emam (Iran- Japan) petrochemical development projects1963 - 1979
- Stagnation until resumption of petrochemical activities (completion of some semi-finished projects and reconstruction of war-damaged complexes) Re-emergence of the petrochemical industry: Completion of some semi-finished projects, implementation of the first 5-year plan and reconstruction of war-damaged complexes - Completion and operation of a number of basic projects: Exploitation of projects such as Razi ammonium phosphate (1990), the first Shiraz methanol (1990), Bandar Imam (1994-1990), Isfahan (1992), the first phase of Arak (1993) and Ahvaz industrial soot (1994) petrochemical projects.1980 - 1994
- Stagnation until resumption of petrochemical activities (completion of some semi-finished projects and reconstruction of war-damaged complexes) Re-emergence of the petrochemical industry: Completion of some semi-finished projects, implementation of the first 5-year plan and reconstruction of war-damaged complexes - Completion and operation of a number of basic projects: Exploitation of projects such as Razi ammonium phosphate (1990), the first Shiraz methanol (1990), Bandar Imam (1994-1990), Isfahan (1992), the first phase of Arak (1993) and Ahvaz industrial soot (1994) petrochemical projects.1980 - 1994
- Implementation of the second five-year plan of the National Petrochemical Company with the aim of increasing profitability, enhanced exports, expanding privatization and increasing output and product diversity with special and new products Start of the first golden period of petrochemical industry and implementation of various petrochemical projects (first leap) - Implementation of the third five-year development plan of the National Petrochemical Company - Privatization of the petrochemical industry and transformation of the National Petrochemical Company into a supervisory governing body Continuation of the first-leap plans - implementation of the third five-year development plan of the National Petrochemical Company1995 - 2009
- Implementation of the second five-year plan of the National Petrochemical Company with the aim of increasing profitability, enhanced exports, expanding privatization and increasing output and product diversity with special and new products Start of the first golden period of petrochemical industry and implementation of various petrochemical projects (first leap) - Implementation of the third five-year development plan of the National Petrochemical Company - Privatization of the petrochemical industry and transformation of the National Petrochemical Company into a supervisory governing body Continuation of the first-leap plans - implementation of the third five-year development plan of the National Petrochemical Company1995 - 2009
- Start of the fourth five-year development plan of the National Petrochemical Company The second leap of the petrochemical industry (including 45 petrochemical projects) - Continuation and implementation of the fourth and fifth five-year development plans of the National Petrochemical Company2011 - 2025
- Start of the fourth five-year development plan of the National Petrochemical Company The second leap of the petrochemical industry (including 45 petrochemical projects) - Continuation and implementation of the fourth and fifth five-year development plans of the National Petrochemical Company2011 - 2025
