Iran to Launch 12 New Petrochemical Complexes: NPC Chief
- May, 21, 2023 - 09:25
- Economy news
TEHRAN (Tasnim) – Twelve new petrochemical complexes will be added to the current petrochemical units of the country in the current Iranian calendar year of 1402 (started March 21, 2023), an official said.
Speaking at a press conference held at the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, known as Iran Oil Show 2023, on Saturday, CEO of the National Petrochemical Company (NPC) Morteza Shahmirzaei said, “Today, nine agreements and nine memorandums of understanding (MoUs) were signed with local companies while we were dependent on foreign firms in early years after the victory of the (1979) Islamic Revolution.”
All petrochemical industry investors, local technological experts and manufacturers ought to help complete unfinished projects, Shahmirzaei said, adding that the National Petrochemical Company tries to gain self-sufficiency and provide petrochemical goods and equipment needed in the industry by local manufacturers.”
Iranian scientists and experts are capable of gaining self-sufficiency in the petrochemical industry and the company has planned to become self-sufficient in catalyst production by the end of the current administration, and in manufacturing goods and equipment within the next five to six years, the NPC chief emphasized, SHANA reported.
“We need to focus on indigenizing technical know-how,” he added.