On Tuesday, Mohammad Shariatmadari, during his first visit to the South Pars Special Economic Energy Zone, toured Arya Sasol Polymer Company, Pars Petrochemical, Mobin Energy Persian Gulf, and the Persian Gulf Sadaf Petrochemical Project.

While visiting Pars Petrochemical, he thanked its CEO and employees for their efforts and pledged to seriously address production challenges with the Ministry of Oil.

He stressed the importance of safety and production continuity in operating companies, adding that downstream units aimed at completing the value chain must be operationalized at a much faster pace.

Challenges in development and production 

Shariatmadari noted the significant achievements in establishing major petrochemical facilities in Iran despite limited resources.

However, he contrasted Iran’s slow progress with countries like Saudi Arabia, which have accelerated development by focusing on value chain completion.

“International collaboration plays a pivotal role in the petrochemical industry’s growth. Those dedicated to Iran’s progress are the greatest contributors to its history, while those undermining this development are betraying the nation,” he said.

He stressed the importance of securing financial resources and creating capital for sustainable development, suggesting that expanding international activities could generate substantial funding.

“With the Persian Gulf Holding’s financial turnover, we can create innovative financial tools, which is an undeniable necessity, though current efforts remain insufficient,” he said.

Addressing feedstock issues, Shariatmadari emphasized the impact of feedstock shortages on interconnected production processes, calling for solutions to resolve conflicts between industrial and public consumption.

 Environmental initiatives, technological advancements

During his visit to the Persian Gulf Sadaf Petrochemical Project, Shariatmadari stressed the need to eliminate obstacles hindering the project’s launch.

He pledged full support from the holding company and called for a comprehensive plan to ensure the project’s startup by spring 2025.

Shariatmadari underscored the importance of safety systems and emergency controls for this strategic product, reiterating the holding’s commitment to reducing its environmental footprint in Bushehr Province to zero.

He added that while production is a priority, safeguarding human lives takes precedence.

Rashid Qanei, CEO of Petrochemical Industries Development Management Company (Petrol), highlighted the high market value of Persian Gulf Sadaf Petrochemical’s products, noting their potential for global export and contribution to the holding’s product portfolio value.

Meanwhile, Ali Safavi, CEO of Persian Gulf Sadaf Petrochemical, presented updates on the project’s progress and financial challenges, confirming plans to begin operations next spring.

Shariatmadari also visited Mobin Energy Persian Gulf, emphasizing its strategic role in supplying utilities to the petrochemical sector.

He advocated for adopting advanced energy production technologies, focusing on R&D, and leveraging global best practices to improve efficiency and manage resources amid energy imbalances.

Mobin Energy, as the region's largest utility provider, plays a vital role in supporting the petrochemical industry in the South Pars Special Economic Energy Zone.