Iran will transform from an exporter to an importer of petrochemical products within the next three years

Iran will transform from an exporter to an importer of petrochemical products within the next three years

A petrochemical expert warns that the country's excessive focus on the limited production of certain products such as methanol and urea is the Achilles' heel of the petrochemical industry, and says that if balanced development is not carried out in this area to produce MTO units and the like, within the next few years Iran will not only not be able to export petrochemical and chemical products, but will also become an importer.