Speaking on the
sidelines of the 17th International Iran Plast Exhibition, Hassan Abbaszadeh
told the Economy Desk of the Islamic Republic of Iran News Network that
sanctions had led to desirable achievements in technologies for producing
products in line with completing the value chain of petrochemical products.
Abbaszadeh
said that the installed capacity of the petrochemical industry was now more
than 92 million tons.
He announced
the total production of petrochemical products last year as 70 million tons and
added: "In 1401, we were able to export $16 billion worth of petrochemical
products; if we can complete the value chain in the petrochemical industry, our
export capabilities in this sector will also increase significantly."
The planning
and development director of NPC, referring to the fact that 9 million tons of
polymer are currently produced in the country, said: "According to the
seventh development plan, the production capacity of polymer will increase to
19 million tons."
Abbaszadeh,
stating that the technology of converting basic products to intermediate ones
has developed in the country, added: "The document of developing the
petrochemical industry chain has been prepared and 20 investment packages have
been designed for introduction to investors, which are worth $4 billion."
He continued:
"According to the planning done, some of these plans will start in the
next five years."
The planning
and development director of NPC emphasized: "In developing the value
chain, we must pay attention to both the product and the market demand so that
we can move towards self-sufficiency in this sector."
Abbaszadeh,
stating that many countries that have technology prefer to receive raw
materials and convert them into final products, said: "Nowadays, Iran is
also known in the world as a country that exports more raw products. However,
in recent years, due to the intensification of sanctions, knowledge-based
companies became active in the petrochemical sector so that they were able to
create a technology chain in methanol production. The National Petrochemical
Company is building the first unit with an investment of $600 million."
He said that
good measures had been taken in this administration to reduce the liquidity
challenge of industries and added: "The sale of petrochemical products on
credit in the first five months of this year amounted to 28 thousand billion
tomans."
The 17th
International Iran Plast Exhibition, which started on Sunday with the approach
of developing the value chain, supporting domestic production and boosting
domestic construction at the permanent venue of Tehran International
Exhibitions, will last for four days.