Iran’s Amirkabir University to Hold Specialized Exhibition of Oil, Gas, Petrochemical Achievements
The exhibition is supported by the Knowledge-Based Economy Development Headquarters of the Iranian Vice- Presidency for Science, Technology and Knowledge-Based Economy.
The specialized exhibition of oil, gas and petrochemicals of Amirkabir University of Technology is held with the main goal of presenting technological needs, holding specialized meetings, showing the capabilities of knowledge-based companies and commercializing their products.
The purpose of the exhibition is to develop university cooperation with economic sectors and large companies, use the capacity of research and development tax credit, investment, and also support the maturity and development of technological and laboratory infrastructure in the university.
Iran gained 3.39 billion dollars from the exports of petrochemicals in the three months to June 20, an official said in August.
Ahmad Mahdavi, the secretary of Iran's Association of Petrochemical Industry Corporation, announced that petrochemical output in Iran had reached a total of 20.41 million tons in the June quarter.
He added that the exports had accounted for 7.74 million tons of Iran's petrochemical output in the three months to late June, adding that petrochemical companies had also sold nearly three million tons of products to domestic customers over the same period while consuming the rest of the output as feedstock.
Mahadavi said this calendar year’s exports of petrochemicals from Iran would definitely exceed figures reported in the year to March 2023.
The official noted that the Iranian central bank had committed to provide funding to a total of 11 new petrochemical projects whose investment value is below $50 million.
He said that the Iranian petrochemical companies seek to invest some $8 billion in development projects in the country’s oil and gas sector, adding that the investment could lead to an increase of 200 million cubic meters per day in Iran’s natural gas production, allowing petrochemical plants to increase their output.
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