Political Quotes

“This means that not only more cheap foreign chemicals, but it means potentially more closed U.S. plants. We must also ask whether we want to add to our oil addiction a new chemical dependency on Iraq, Iran, and the Middle East. Before we make any hasty decisions, I believe we must have answers to these questions, and we must answer these questions as we begin to debate further carbon cap proposals. There being no objection, the material was ordered to be printed in the Record, as follows: Exhibit 1 [From MEHRNEWS.com, Jan. 2, 2006] Iran Striving to Rank First in Ethylene Production Iran plans to be number one in producing ethylene in the world--reaching 12 million tons output within the next 10 years--by allocating 17.5 billion dollars in investment for development of petrochemical projects in the Fourth Five-Year Development Plan (2005-2010). The figure stood around 12.5 billion dollars for the first to third development plans (1990-2005) in total. Out of the 25 projects under implementation, the National Petrochemical Company (NPC) have completed 17 and would finish the rest soon, said Hassan Sadat, manager of plans in the NPC. NPC plans to have an output of 25.6 million tons capacity by March 2010 jumping up from 7.3 million tons in 1999, he added. The investment in the sector is forecast to increase by 40 percent in the fourth plan. Sadat said that the output of polymers would reach 10 million tons within the next 10 years.…”