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Petchem Value Chain Development Doc Unveiled

Petchem Value Chain Development Doc Unveiled
(Tuesday, May 2, 2023) 23:11

TEHRAN (NIPNA) -- Iranian officials unveiled a document on the development and completion of the value chain of the petrochemical industry in the presence of Javad Owji, Minister of Petroleum, and Morteza Shahmirzaei, Deputy Minister of Petroleum and CEO of National Petrochemical Company.

The unveiling took place on the sidelines of the 14th Iran Petrochemical Forum, which was held on May 1 and 2 in Tehran.

The document, which outlines plans for the petrochemical industry, requires all petrochemical developers, companies, and holdings to adjust their development plans in accordance with it.

The National Petrochemical Company will coordinate with the document and update it as necessary.

The move is expected to instill greater confidence among investors interested in Iran's petrochemical industry.

Ambassadors from Iran in Brazil, Russia, and India also presented reports on their countries' petrochemical industry activities and discussed investment opportunities and advantages.

They expressed willingness to collaborate with petrochemical industry activists from other countries.

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