Foreign Technical Savvy Could eliminate main Petchem Bottlenecks: CEO

TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) said the arrival of foreign technical knowhow could sort out major bottlenecks in the development of the country’s petrochemical industry.

The CEO of the National Petrochemical Company said technical knowhow is the most important bottleneck in implementation of petrochemical development plans, and added the nuclear negotiations indicate that the space for cooperation is opening up and the communication process is expanding.”

He noted that the petrochemical industry needs the participation and entry of large foreign companies in the two areas of financing and technical knowhow, adding: "We still need to use the world's technical savvy in some processes."

Mohammadi said: "Our most important issue is the provision of technical knowledge for petrochemical projects which will render the country 70% needless of imports and the most important bottleneck of these projects is technical savvy, which we hope will happen in the near future.”

News Code 316647


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