Iraq has started work on its first plastic granules factory in Babylon Governorate. The Iraq plastic granules factory project was launched by Prime Minister Mohammed Shia Al-Sudani during an official ceremony.
The event brought together senior officials, including the governor of Babylon, Adnan Fayhan al-Dulaimi. Their presence underlined the importance of this industrial step for Iraq.
The United Company for Petrochemical Industries is developing the project. The company focuses on refining materials and producing petrochemical raw goods. With this factory, it expands its role in Iraq’s growing industrial sector.
The factory will produce 960 tons of plastic granules every day. These granules will serve as raw material for the country’s plastic manufacturing industry.
By starting the Iraq plastic granules factory project, the government aims to reduce reliance on imported materials. At the same time, it plans to build a stronger industrial base inside the country.
The project also supports Iraq’s economic diversification strategy. Leaders continue to push for more private sector participation, and this factory shows how industry can play a central role.
Beyond economics, the Iraq plastic granules factory project will provide jobs in Babylon and surrounding areas. Local workers will benefit from new opportunities, while businesses gain a steady supply of raw plastic inputs.
This move signals a milestone in Iraq’s industrial development. With strong government backing and private sector involvement, Iraq is taking clear steps to grow its production capabilities.
If the factory proves successful, it could mark a significant turning point for Iraq’s industrial development, reducing the country’s reliance on foreign imports and enhancing its ability to compete within the regional and even global markets. By strengthening local production capacity, the initiative can contribute to economic diversification and job creation, which are both essential for long-term stability and growth.
Moreover, the project highlights the critical role of innovation, strategic investment, and cross-sector cooperation in shaping Iraq’s future. It serves as a powerful example of how public and private sectors—along with international partners—can work together to build a more resilient and self-sufficient economy. Beyond its immediate economic impact, the factory represents a broader shift toward sustainable development, technological advancement, and increased national confidence in Iraq’s industrial potential.