Former NPC Chief Lauds Petchem Trade Integration

Former NPC Chief Lauds Petchem Trade Integration
(Friday, October 20, 2017) 10:10

TEHRAN (NIPNA) -- Former managing director of the National Petrochemical Company (NPC) Abbas Shari Moqaddam backed NPC’s initiative to integrate sales of petrochemicals by Iranian providers.

The ex-NPC official also argued that purchase of feedstock and equipment by the producers must be integrated as well for the industry to grow faster.

“The strength of any industry depends on integration and unity of its players and the petrochemical sector is no exception,” Shari Moqaddam, who is now a member of the NPC board of directors, argued.

He said NPC’s agenda to integrate petrochemical exporters in the country would be an arduous task as it requires consent and cooperation of all the producers and players of the sector.

“This would call for creation of a new culture in the sector and a kind of managerial maturity would be required in this regard,” he added.

All petrochemical holdings and unions must close ranks for materialization of this agenda, he said.

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