‘Equating technology, innovation with research is a mistake’

SHANA (Tehran) – Sorena Sattari, innovation and knowledge-based economy advisor to the CEO of Persian Gulf Petrochemical Industries Company, emphasized that equating technology and innovation with research is a mistake, noting that only 30% of technology is research.

Aging petchem plants risk losing global competitiveness without upgrades

SHANA (Tehran) – Mahmoud Aminnejad, deputy for development and business at Persian Gulf Petrochemical Industries Company, said that continuing to operate Iran’s 60-year-old petrochemical units without modernization and technological upgrades will push them out of the global competitive cycle and even make them unprofitable.

NPC: Production focus should not hinder tech development in petchem industry

SHANA (Tehran) – The CEO of the National Petrochemical Company said the industry must deepen its focus on research and domestic manufacturing, emphasizing that years of dealing with production issues, feedstock concerns and daily operational challenges have diverted attention from solving the sector’s technological problems.

Oil industry can reliably use domestic technology: Deputy minister

SHANA (Tehran) – The deputy minister of oil for engineering, research, and technology said that for the first time, the number of domestic manufacturers has surpassed that of suppliers on Iran's Ministry of Oil's long list of producers, noting that domestic companies have reached a technological maturity, allowing the oil industry to confidently utilize their products.

PGPIC CEO:

Investing in R&D key to petchem industry growth

SHANA (Tehran) – The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) said that investment in research and development (R&D) is a key driver behind the growth of major global companies and highlighted the need for forward-thinking approaches to creating wealth in the petrochemical industry.