Speaking to NIPNA, Mohammad Hassan Peyvandi,
chairman of the board of directors at Tamin Petroleum and Petrochemical
Investment Co. (TAPPICO), said various plans were foreseen for the future of
the petrochemical industry, emphasizing the need for more propylene output in
the industry.
"By creating the necessary infrastructure
for production of propylene, a new opportunity will be provided for achievement
of the goals of the industry as the main driving force of the mid- and
downstream sectors and employment as well as attraction of fresh investments,"
he said.
"The petrochemical industry is the pillar of
the country's economic development, and it is linked to all sectors of the
industry, and this valuable industry must be supported via all the economic sectors,"
he said.
Given the fact that propylene production is
currently lower than that of ethylene production in the country, and most of
the downstream petrochemical industries being developed need propylene,
enhanced production of the item must be seriously heeded, he said.
The official said production of methanol from natural
gas and then converting it into propylene is one of the most economical methods
for propylene production in Iran given abundance of natural gas as feedstock in
the country.