3 January 2023 - 09:38
  • News Code: 466824
NPC Eyes average value of Iran Petchems at $5k/t

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) stressed that all petrochemical industry activists should bring their abilities to the field to complete its value chain, and said: "We should bring the average value of petrochemical products to at least 4,500 to 5,000 dollars per ton."

Morteza Shahmirzaei stated today (Monday) at a conference to promote credit sales of products in polymer petrochemical companies that credit sales had already been assigned: “The performance of petrochemical companies to supply 25% of products in the form of a credit is regularly reported by the management of downstream industries of the National Petrochemical Company and will be included in the performance indicators of the production complexes.”

Explaining the state of the country's petrochemical industry, he said: "We hope that with the help of all colleagues, activists and those interested in investing in the petrochemical industry, we will complete the basic steps for the rapid development of the downstream units in order to achieve its real and valuable position."

The NPC CEO emphasized that the Company supports all production units of the petrochemical industry, especially the units that complete the value chain, and added: “Our goal is to complete the value chain. All the activists of this industry must bring all their abilities to the field to complete the missing links of the petrochemical industry.”

The Deputy Minister of Petroleum for Petrochemical Affairs continued: “Everyone should work hard in this field so that Iran, despite having rich oil and gas reserves, achieves its true and deserved position in the world's petrochemical industries.”

News Code 466824

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