PGPIC Subsidiaries Supply 70% of Needed Parts from Local Producers

TEHRAN, May 5 (Shana) -- The Persian Gulf Petrochemical Industries Company (PGPIC)’s subsidiaries supply over 70% of their machinery and items from Iranian manufactures in line with the polices of Resistive Economy, a PGPIC official said.

Speaking with Shana on the sidelines of the 21st Iran International Exhibition of Oil, Gas, Refining and Petrochemicals, Rasoul Ashrafzadeh, director of planning and development at PGPIC, said the holding’s subsidiaries supply 70% of the needed items from Iranian producers and developers. 
He said the company shuns purchase of foreign-made items as much as possible to move in line with the requirements of the economy of resistance that is instructed by the Supreme Leader of the Islamic Revolution Ayatollalh Seyyed Ali Khamenei.
Ashrafzadeh said PGPIC never buys anything from foreign producers unless it is called for by experts.
“PGPIC and its subsidiaries have localized development of some key petrochemical catalysts with the held of powerful private sector investors,” he said.
He hailed the fair as a favorable ground for interacting with customers and other producers from other countries. 
“Many foreign firms have voiced their readiness to cooperate with PGPIC and now that sanctions have been lifted, joint cooperation capacities can be tapped with foreign partners,” Ashrafzadeh said. 
News Code 259738

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