Majid Daftari, at the Petrochemical Industry Day ceremony, explained the structure and performance of the company.

"I thank the Minister of Petroleum who chose this company to visit in the first months of his ministry. It shows the depth of their attention to research and technology.”

He added: "Undoubtedly, paying attention to the field of research and technology will not be a cost, but an infrastructure investment for the present and future of the country."

The CEO of Petrochemical Research and Technology Company stated that 32 industrial technologies have been localized in the company, and noted: “Eight main processes and 24 major catalysts of the industry have been internalized by this company.”

Daftari stated: “20 catalysts of petrochemical industry have been localized in the country and this company intends to internalize eight catalysts by 2022 and 12 catalysts by 2023.”

Regarding the contracts signed in the Petrochemical Research and Technology Company, he said: "This group has signed 30 contracts worth 5 million Euros, and by implementing such contracts, the Iranian license (technical knowledge) can be the driving force for the development of the country's petrochemical industry."