Ali Mohammad Bossaqzadeh, director of production control at NPC, said once
the projects are online, the value chain in certain sectors of the industry
will be completed generating more value added items.
He said this will lead to a major leap in the industry in Iran,
provided that timely investments are injected to the sector.
"Today, Iran's petrochemical industry, enjoying state-of-the-art technologies
and by relying on skilled labor, is progress forward in a fast pace and by the end
of the 6th development plan, the country will transform into a major
petrochemical power in the region and the world," the official added.
Bossaqzadeh, who is also a member of the NPC board of directors, further
called on petrochemical producers to improve the quality of their products if
they are to grab a firm toehold in international markets and win over their
rivals.
He said the private sector and banking resources can be tapped for
financing projects in the sector.