Major Petrochemical Conference Planned in Tehran: Official

News ID: 935567 Service: Economy
محمد حسن پیوندی

TEHRAN (Tasnim) – Iran plans to hold a major petrochemical conference in Tehran next weekend, the deputy managing director of Iran’s National Petrochemical Company (NPC) announced.

Mohammad Hassan Peyvandi said Saturday that the conference titled “Iran Petrochemical Forum (IPF)” is scheduled to be held in the Iranian capital on December 13, with representatives of 25 countries in attendance.

He noted that over 300 Iranian companies as well as around 100 foreign petrochemical enterprises will participate in the two-day event.

Peyvandi said that the participants will include a US company, which he did not name.

Canada, Denmark, France, Germany, Italy, Spain, Japan, Switzerland, Russia, Britain, Australia and India will be among other countries scheduled to take part in the conference, he added.

On November 28, Iran held a key conference in Tehran to introduce a new model for oil contracts to be signed after the termination of anti-Iran sanctions.

Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14 reached a conclusion over the text of a comprehensive 159-page deal on Tehran’s nuclear program.

The comprehensive nuclear deal between Iran and the six powers would terminate all nuclear-related sanctions imposed on Iran after coming into force, and help the country return to the global market.

Experts believe that Iran’s economic growth would rise remarkably after the final nuclear deal takes effect.

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