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MP: Petchem Industry Model for Economy

MP: Petchem Industry Model for Economy
(Monday, February 17, 2025) 10:20

TEHRAN (NIPNA) – Shahbaz Hassanpour Beigleri, a member of the Industry and Mining Commission of the Iranian Parliament, stated that the petrochemical sector can serve as an excellent model for Iran's economy.

In an interview with NIPNA, Hassanpour emphasized the importance of distancing from raw oil exports, saying, "We must undoubtedly seek methods to neutralize sanctions and utilize tools where we hold greater power. One such tool is the petrochemical industry."

He further noted that the oil sector is one of the most influential aspects of the country’s economy, and proper planning is essential to strengthen the petrochemical sector.

"The petrochemical industry can be a good model for the country's economy," Hassanpour asserted.

He emphasized that petrochemical and its related industries are at the forefront of the economic war, serving as the first chain after oil.

He added that one of the core foundations of national development is the establishment of petrochemical industries, which not only help prevent raw material exports but also provide the necessary inputs for downstream industries, boosting domestic production and fostering economic growth.

Hassanpour concluded by pointing out that there are abundant opportunities to expand Iran’s petrochemical sector, and these must be utilized to their fullest potential.


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