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CEO Underlines Value-Chain Completion in Petchem Sector

(Wednesday, May 16, 2018) 20:05

TEHRAN (NIPNA) -- The CEO of the National Petrochemical Company (NPC) stressed the necessity of completing the industry’s value-chain in a bid to prevent sale of crude oil and gas.

Speaking to NIPNA, Reza Norouzzadeh said: “Iran’s petrochemical industry must plan to accelerate completion of the value-chain with the aim of minimizing export of crude oil and natural gas.”

“Iran is a country with vast oil and gas resources which has led to the development of industries such as petrochemical industry and this advantage must be used for reducing sale of crude materials,” he added.

Iran needs to convert associated gases such as butane, propane and ethane into end-used items, he says.

“We need to turn threats into opportunities. Iran must not sever its diplomatic ties with the West. By relying on its skilled manpower and state-of-the-art technologies, Iran is stepping on the path of progress,” the NPC CEO added.  

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(Wednesday, May 16, 2018) 20:05

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