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CEO Calls for Targeted Social Responsibilities by Petchem Firms

CEO Calls for Targeted Social Responsibilities by Petchem Firms
(Tuesday, July 18, 2023) 22:29

TEHRAN (NIPNA) – The Deputy Minister of Petroleum and CEO of the National Petrochemical Company stated that the budget provision and implementation of social responsibilities by petrochemical companies should be targeted and precise.

The annual general meeting of the Special Economic Zone Organization of Petrochemical Companies was held today, Monday (July 18), in the presence of Morteza Shahmirzai, the Deputy Minister of Petroleum, the CEO of the National Petrochemical Company, the CEO of the Special Economic Zone Organization of Petrochemical Companies, and the members of the board of directors.

The CEO of the National Petrochemical Company stated that the development of the special economic zone should focus on completing the value chain and producing first-stage products.

He said, "A rapid movement towards creating more added value in the petrochemical industry can lead to balanced development of this valuable industry."

Shahmirzai added, "Diversification in the product miof petrochemicals can meet many needs of other industries, especially downstream industries, and prevent the trend of raw material sales in the value-creating petrochemical industry."

The NPC CEO continued, "Transferring various experiences and achievements by elites and experts can lead to the growth of knowledge and scientific and technical levels among the active players in the petrochemical industry, as well as passing it on to future generations."

He stressed the necessity of attracting new investments and promoting job creation in the region, stating, "There are significant capacities to complete the value chain in the Special Economic Zone of Petrochemicals, and the development of technologies and the utilization of achievements by knowledge-based companies will accelerate the development process."

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