The name of the emerging flexible economy should mark Iran’s petrochemical industry as one of the pioneers of this successful path in this direction. This is evidenced by various petrochemical projects that have been launched in recent years and have resulted in the growth and diversification of production as well as exports to the country’s economy.
Resistance Economics is a concept officially introduced by the High Leader in 92 and brought the discourse of resistance in the country in order to direct all elements of the Islamic Republic of Iran to move towards economic rehabilitation. With this application in different sectors, it was realized that this petrochemical industry is not one of the most important industries in the field of resistance economics. Fulfilling the objectives of the resistance economy is an important strategy that attracts practitioners in this field.
The importance of this issue is to know that Iran, which has more than 33 trillion cubic meters of conventional natural gas reserves and 157 billion barrels of crude oil extracted reserves, has the potential and relative advantage of targeting the petrochemical industry. Completing the oil and gas value chain and the use of this capacity in the petrochemical industry in recent years has been handled with a flexible economic approach.
In this context, it is possible to have a long list of projects that play an important role in the profitability and added value of hydrocarbon resources and not to rely on oil exports and in the prevention of crude sales. Kavian Petrochemical Company, Polystyrene Phase II, Polystyrene Industrial Group Selection, Persarch Pars Petrokimya A.Ş., Karun Petrokimya A.Ş. (Isocyanates Phase 2), Kurdistan Petrochemical Complex, MEG Unit, Pearl Petrochemical Company, Marjan Petrochemical Company, Ilam Petrochemical Company, Loristan, Urmia Sulfuric Acid Unit, Mahabad, Development Plan Shiraz Petrochemical Complex, Takhte Jamshid Petrochemical Special Economic Zone, Ureach Campus. its third stage is only part of this list.
The road, which will increase the share of Iran’s petrochemical industry in the Middle East region to produce major petrochemical products, will increase from 13.22 to 1396, from 22.21 percent to 23.46 percent, and will increase its world capacity from 2.26 percent to 2.50 percent. In addition, the development path of the petrochemical industry does not stop, and many other complexes will be added to the list of final projects in this strategic sector this year and in the coming years.