Morteza Shahmirzaei added Iran’s achievements in the petrochemical industry have motivated some foreign states to have cooperation with the country and import Iranian-made products, equipment, and catalysts.

Iran has enormous capacities to develop its petrochemical industry, said the NPC CEO, adding, “Concurrent with the increase in Iran’s petrochemical industry’s production capacity and target markets in the coming years, we have to take steps toward creating further added value and developing end products through cooperating with holdings and petrochemical companies.”

In line with the completion of the value chain, he continued, “We can turn polymers and chemicals into supplementary industries’ products and move toward producing end products and boosting added value by decreasing the selling of raw materials.”

Shahmirzaei referred to efficient and highly-skilled workforce as one of the main factors of development.