Addressing the opening ceremony of IranPlast Exhibition here in Tehran on Sunday, Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei said production will rise from currently 7.5 million tons per year. 

"This year's edition of the fair is more comprehensive than ever as over 530 companies from 23 countries of the world including 16 European and 7 Asian countries have participated in the fair," she said.

Over 600 Iranian companies have also participated in the showcase, she added. 

Shahdaei, who is also deputy petroleum minister for petrochemical affairs, went on to say that IranPlast is regarded as one of the world's most credited exhibitions in polymer, plastics and rubber industries.

The biggest polymer and plastic industries' showcase in Iran, IranPlast 2017, officially began on Sunday.

First Vice-President Eshaq Jahangiri, Iranian Minister of Petroleum Bijan Zangeneh and Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei attended the exhibition's opening ceremony in Tehran.

The fair will run through September 27. 

The 11th edition of the event is mounted with as many as 1,124 companies from 24 countries in the Iranian capital, Iran.

The fair is organized in the four sections of raw materials, end-used items, semi constructed items, machinery and services.

The exhibitors come from countries like Belgium, Denmark, Germany, Finland, France, Greece, India, Serbia, Italy, South Korea, Austria, Luxembourg, Switzerland, Spain, United Kingdom, Thailand, Czech, Cyprus, Turkey, Taiwan, China, Japan and the United Arab Emirates.