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Iran Petchem Sector Prioritizes Modernization of Facilities Damaged in Recent Strikes

Iran Petchem Sector Prioritizes Modernization of Facilities Damaged in Recent Strikes
(Wednesday, April 22, 2026) 15:27

TEHRAN, April 21 (NIPNA)– Iran is moving forward with an aggressive plan to rehabilitate and modernize petrochemical facilities damaged in recent strikes, officials confirmed, emphasizing a reliance on domestic technical expertise and strategic national support.


The commitment was reaffirmed during a meeting of the “Task Force for the Facilitation and Removal of Production Barriers” held in Khuzestan, attended by senior government officials, including the Deputy Minister of Industry, Mine and Trade, and the Governor of Khuzestan.

Mohammad Reza Moteiri, CEO of the Petrochemical Special Economic Zone Organization, stated that reconstruction efforts began immediately following the incidents. “We have initiated a ‘jihadi’ effort to rebuild and upgrade facilities, leveraging the technical knowledge of our local specialists,” Moteiri said.

He highlighted that the Ministry of Petroleum has prioritized the fundamental renewal of affected units, aiming to integrate more advanced equipment than was present before the damages.

“Our planning is built on economic resilience,” Moteiri added. “The immediate priority is securing feedstocks for downstream industries to ensure market stability and protect regional employment.”

The Governor of Khuzestan, Seyed Mohammad Reza Movali-zadeh, commended the swift crisis management displayed by the regional organization and called for a significant increase in reconstruction financing.

He proposed raising the allocation of job-creation loans from the Presidential visit budget from 11.5 trillion tomans to 20 trillion tomans.

He urged local banks to streamline the process, ensuring that the reconstruction results in a more modern and robust industrial base than existed previously.

Farshad Moghimi, Deputy Minister of Industry, Mine and Trade and CEO of the Industrial Development and Renovation Organization of Iran (IDRO), emphasized the need for inter-sectoral synergy to overcome production obstacles. He lauded the organization’s rapid response in protecting national assets, reinforcing the government’s commitment to restoring Iran’s petrochemical hub to full capacity.

 


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