According to Mash’al Weekly, Akbar Zamanian, head of RIPI’s downstream faculty, said the catalysts could be used for a wide range of downstream activities, adding the items could also ensure profitability for the country and the companies that use them in their operations.

He said Iran’s oil industry was capable of localizing production of many oil industry items and parts as well as catalysts.

Earlier in May, RIPI signed a deal with Sabalan Petrochemical Plant for buying catalysts produced by RIPI.