Secretary General of Iran’s Association of Petrochemical Industry Corporation (APIC) said domestic petrochemical industry has fetched $61 billion over the past five years.
Ahmad Mahdavi Abhari added that some $50 billion of the earned revenues were deposited into the Integrated Forex Deals System, Shana reported.
Offering a great variety of petrochemicals, Iran is taking the best advantage of its rich hydrocarbon reserves, he underlined.
The petrochemical industry has also supplied 27 million tons of raw materials worth $26 billion to the downstream sector and 11 million tons of fertilizers to the agricultural sector since 2018, the official noted.