NPC Backs Foreign Investors in Petchem Projects

NPC Backs Foreign Investors in Petchem Projects
(Friday, December 23, 2016) 16:30

TEHRAN (NIPNA) -- A senior official with Iran’s National Petrochemical Company (NPC) said the company supports foreign investors willing to join petrochemical projects in Iran.

 

Speaking to NIPNA, Farnaz Alavi, director of planning and development at NPC, said Iran’s petrochemical industry has so major impetus for growth, calling for domestic and foreign investors to finance projects in the sector.

A member of the NPC’s board of directors, Alavi said the company pursues fundamental goals for the industry like macro planning, policy making, regulating, providing the infrastructures and offering logistics for sustainable growth of the sector in a bid to promote people’s lives and generate value added items.

She said NPC has envisioned many petrochemical projects including conversion of natural gas to butane, ethane, olefins, propane, propylene and its derivatives. 

The official said weaning the economy off sale of crude oil and gas are the optimal goal of the plans NPC pursues. 
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