According to National Petrochemical Company (NPC), Ayub Banavi said on Wednesday at the opening ceremony of the 16th Iran Plast International Exhibition that the petrochemical industry is important and such importance has caused the decision makers and producers of this value-creating industry to bring together Iran Plast.

He considered the first characteristic of this industry to be the creation of high value added, which directly affects the country's economy and gross production, and added: “Creating a nominal capacity of 95 million tons of petrochemicals per year is a driving engine for moving the national economy, employment prosperity and finally, it is an important factor in the stable and balanced development of the country.”

The director of Iran Plast exhibition continued: “One of the most important pillars of a country's sustainable development is the feature of "investability" in its economy and industry, and Iran's petrochemical industry, especially the downstream sector and its complementary chain, is a very ready and suitable platform for attracting capital.”

Banavi stated that holding the Iran Plast exhibition is a good example of the fact that with any amount of capital, in different job groups, you can be active in the downstream petrochemical sector. And finally, it is the beginning of partnerships that are born from the heart of this important and international event.

Pointing out that the other feature of this industry is its important and fundamental role in the field of job creation through production in chemical and petrochemical clusters and developments, the director of Iran Plast exhibition continued: “In this regard, useful measures and special plans have been implemented in the 13th Administration.”

610 domestic and foreign companies are running stands in 15 halls in addition to open space in this year's Iran Plast exhibition, which are located in an area of 65,000 square meters.

10 foreign companies and delegations from 19 countries are present at the 16th Iran Plast exhibition. These delegations are from Afghanistan, Turkey, Tunisia, Syria, Azerbaijan, Kazakhstan, Pakistan, Serbia, Bosnia, Russia, Qatar, Oman, Iraq, Tajikistan, Armenia, Spain, Brazil, Lebanon, etc.

In the 16th Iran Plast International Exhibition, 20 specialized meetings, roundtables and workshops will be held in the presence of experts, executives and officials of the petrochemical field.

The 16th edition of the Iran Plast exhibition will be held from September 21 to 24 in the five groups of "raw materials", "manufactured and semi-manufactured goods", "machinery and equipment", "services" and "banks, stock exchanges and financial institutions."

This exhibition is considered one of the largest events of the polymer industry in the Middle East and is classified among the prestigious exhibitions of the world's plastic industry.