Addressing the conference of Iran's top 100 companies here in Tehran on Monday, the official said that petrochemical exports account for 31% of Iran's total non-oil exports.
She said Iran's petrochemical industry is a key lever in the country's economy, adding vast feedstock resources, massive production capacity and large quantity of exports are some of the major features of the industry.
Marziyeh Shahdaei, who is also deputy petroleum minister in petrochemical affairs, said the industry generates jobs and provides value-added items by processing raw materials that makes it a strategic sector in the economy.
"The industry is one of the hopes of future of the industry sector in Iran," she added.
Petrochemical firms were selected among the top 100 firms in Iran in the current Iranian calendar year which began on March 20.
The selection was made based on 7 yardsticks that were namely: Growth, profitability, productivity, exports, liquidity, debts and market.
Based on these standards, petrochemical companies, as a sector, were placed among the top 5 companies of the country.
Regarding their assets, petrochemical companies were the second group of companies after banks.
Moreover, the Persian Gulf Petrochemical Industries Company (PGPIC) was honored for its profitability and was the top company among 500 companies in the current Iranian calendar year which began on March 20.
The company was followed by Noori Petrochemical Plant as the 5th top profitable company of Iran.