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NPC Plans Monthly Project Launches

NPC Plans Monthly Project Launches
(Wednesday, April 26, 2023) 14:33

TEHRAN (NIPNA) -- Iran's Deputy Minister of Petroleum and CEO of National Petrochemical Company (NPC), Morteza Shahmirzaei, announced that the sustainability of the feedstock of the petrochemical industry is one of the industry's great opportunities, adding that domestic and foreign investors, including Iranians living abroad, will proudly and permanently entrust their capital to this industry to witness its flourishing position in the world.

Speaking at the press conference of the 14th IPF International Conference, Shahmirzaei said that the petrochemical industry will put 10 small and large projects into operation and production this year, with one project to be launched every month on average.

Shahmirzaei emphasized that the total feed needed by the petrochemical industry should be provided by the National Iranian Oil Company, the National Iranian Gas Company, and the National Iranian Petroleum Products Refining and Distribution Company.

He noted that the petrochemical industry creates value added, especially in the downstream industry sector, and currently supplies more than 15,000 active workshops in the country's complementary industries.

Shahmirzaei emphasized that the industry should move away from selling raw materials and instead create value added and jobs to promote the economy of the petrochemical industry in complementary industries.

Specialists, managers, and technologists, especially in research centers, universities in science and technology parks, and other cooperating departments such as the Research Institute of Petroleum Industry and the Petroleum Industry University, should play a more colorful role in accelerating the development process and progress in the petrochemical industry.

Shahmirzaei reminded that the international IPF conference will be held on May 1st and 2nd, at IRIB conference hall, and the presence of experts and technologists from more than 15 countries in this international event will help to improve the scientific level of the petrochemical industry.

The CEO of the National Petrochemical Company, pointing out that the IPF international conference is the first in the region and is famous in the world, said that the conference was not held in the past several years due to the spread of the Covid-19 virus. However, this year the conference will be held with the presence of all the activists of the strategic petrochemical industry.

The IPF international conference will be held in eight areas, including supply of feed, products, and supply chain, advanced solutions and technologies in the industry, and integration and coordination between petrochemical units and refineries.

Shahmirzaei said that the production process and the methanol market are among the other issues discussed.

The conference is an opportunity to exchange opinions and experiences, as the industry faced challenges for the transportation and marketing of methanol in the last two years.

In conclusion, Shahmirzaei noted that the petrochemical industry should aim to present an acceptable and brilliant performance this year, which has been targeted by the wise leader and scientist of the revolution as the year of production growth.

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