09 December 2010 10:47 [Source: ICIS news]
DUBAI (ICIS)--Iran’s gasoline production would be sufficient for the country’s needs as new refineries would commence production by mid-2011, and this is also expected to ease the current aromatics export crunch, said a source with Iran’s PCC on Thursday.
Benzene and toluene exports dried up from September 2010, when the country had to shutdown aromatics production for a period as it channelled reformate for gasoline production following US-led sanctions on importing the automobile fuel.
Iran’s National Petrochemical Company’s three aromatics units- Borzouyeh Petrochemicals, Bou Ali Sina and Bandar Imam Petrochemical Co (BIPC)- were all operating at present, he said.
Borzouyeh produces about 430,000 tonnes/year of benzene, while Bou Ali Sina and BIPC produces about 180,000 tonnes/year and 300,000 tonnes/year of benzene respectively.
At present, benzene and toluene cargoes for export were limited, while exports of styrene monomer (SM) and paraxylene (PX) were also expected to resume from December, he added.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections