NPC Taking Final Steps To Localize Catalysts in Iran Petchem Sector

The managing director of National Petrochemical Company (NPC) Morteza Shahmirzaie said that the petrochemical sector provides lots of its needs to catalysts domestically.

Speaking with the representatives of the NPC’s general assembly during their visit to several petrochemical complexes in Assaluyeh, he also said that NPC is taking the final steps to localize petrochemical industry catalysts production.

He further said that Iran’s petrochemical industry was moving in the way of progress and growth by relying on its capable infrastructures.

Referring to the government’s strategy of relying on sea-oriented development, Shahmirzaie said that the petrochemical industry is being expanded across the shores of the Persian Gulf and Sea of Oman which will result in diversity in the basket of petrochemical products, economic growth and employment in the area.

Elsewhere in his remarks he said that, "We should be determined to move toward providing our needs by relying on domestic capabilities, cutting the country’s dependency on foreign-made products.”

He told the visitors that about 550 grades of petrochemical products are being produced inside the country at the moment which by making new investments, the capacity to produce different petrochemical products will grow. Consequently, not only will this meet domestic needs but it will increase the potential for exports as well. - Shana