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NPC Identifies Export Needs, Capacities in Downstream Sector

NPC Identifies Export Needs, Capacities in Downstream Sector
(Sunday, September 10, 2023) 17:07

TEHRAN (NIPNA) -- Iran's Deputy Minister of Petroleum and CEO of the National Petrochemical Company stressed the importance of identifying export needs and capacities within the downstream petrochemical sector in the country.

He emphasized the pivotal role that the Iran Plast International Exhibition plays in achieving this objective.

As the 17th Iran Plast International Exhibition approaches, Morteza Shahmirzaei, on the eve of this significant event, underlined the vital factors contributing to the growth and development of the petrochemical industry. These factors include the completion of the value chain and the creation of added value to maximize investment opportunities.

The Deputy Minister of Petroleum and CEO of the National Petrochemical Company highlighted that one of the strategic policies of the National Petrochemical Company is the advancement of technology within the downstream petrochemical industries.

He added that a key aspect of establishing a value chain system is the focus on technology transfer through domestic production and the development of Iranian technical expertise.

He stated, "To facilitate the path of petrochemical industry development, it is imperative to consider various factors, with the identification of the genuine needs of downstream industries within the country and a focus on export capabilities being among the most critical."

The CEO of the National Petrochemical Company underscored that hosting the Iran Plast Exhibition, as the largest event in the complementary and intermediate petrochemical industries of the country, could play an effective role in enhancing interaction and improving the infrastructure of this industry. This will help create a more conducive business environment and address potential obstacles and challenges in the path of balanced development.

The 17th Iran Plast International Exhibition, with a focus on developing the value chain, supporting domestic production, and promoting local manufacturing, will be held from September 17 to 20 in the permanent exhibition grounds of Tehran International Exhibitions.

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