TEHRAN (NIPNA) – A senior petrochemical official says Iran remains to be the safest country in the Middle East which makes the country an outstanding investment target in the region given the ongoing tensions in the region.

TEHRAN (NIPNA) – Vice President of National Petrochemical Company (NPC) says infrastructural petrochemical projects funded by the government are a must for development of the industry in Iran.

TEHRAN (NIPNA) – Haldor Topsoe, Danish producer of heterogeneous catalysts, will immediately return to Iran's petrochemical projects once Iran has its nuclear sanctions removals in the wake of the implementation of the Joint Comprehensive Plan of Action (JCPOA), the company's vice president said.

TEHRAN (NIPNA) – A Linde member of the executive board says the German industrial gases company will definitely plod along its European rivals into Iran's petrochemical market once the country has its nuclear sanctions removed.

TEHRAN (NIPNA) – Development of petrochemical industry can lead to increased job opportunities in the country, said Iranian First Vice President Eshaq Jahangiri.

TEHRAN (NIPNA) – Mohammad-Javad Zarif, Iranian foreign minister, said the country’s petrochemical industry is bent on expanding rapidly in the wake of the implementation of the nuclear Joint Comprehensive Plan of Action (JCPOA).

TEHRAN (NIPNA) – Iran plans to bring its petrochemical production capacity to 70 mt/y by March 2017, Managing Director of National Petrochemical Company (NPC) Abbas Shari-Moqaddam said.

TEHRAN (NIPNA) – Iranian Minister of Petroleum Bijan Zangeneh says Iran will see its petrochemical revenues cross 70 billion dollars annually by March 2017, end of the nest Iranian calendar year.