Document on development and completion of petrochemical industry’s value chain unveiled

SHANA (Tehran) – The document on development and completion of value chain of petrochemical industry was unveiled in the presence of Oil Minister Javad Owji and National Petrochemical Company (NPC) Managing Director Morteza Shahmirzaei on Monday.

Based on the document unveiled on the sidelines of the 14th Iran Petrochemical Forum (IFP), all developers, companies, and petrochemical holding companies are obligated to outline their development plans in line with the document.

According to NPC officials, the document will be updated in coordination with the National Petrochemical Company.

The updated information of the document will help investors make investments in Iran’s petrochemical industry with greater certainty.

The 14th Iran Petrochemical Forum (IPF) kicked off at IRIB International Conference Center (IICC) in Tehran on Monday.

Focusing on value chain and new opportunities, the two-day forum will revolve around eight topics, said Shahmirzaei on Sunday.

The forum’s subjects are “Feedstock, products and supply chain”; “Solutions and advanced optimization technologies”; “Integration and coordination between petrochemical and refining complexes”; “Production process and market”; “Methanol market and its roles”; “Global energy crisis and future of petrochemical industry”; “Investment and financial supply opportunities”; and “Energy optimization and production without pollution”, he mentioned.

News ID 471923


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