MP Stresses Completion of Petchem Value Chain as Economic Priority

MP Stresses Completion of Petchem Value Chain as Economic Priority
(Saturday, July 21, 2018) 15:53

TEHRAN (NIPNA) -- A member of the Iranian parliament's energy committee said: "Today the petrochemical industry and completion of its value chain are one of the country's top priorities."

Speaking to NIPNA, Ali Golmoradi underlined the necessity of supporting the petrochemical industry and completion of under-construction projects across the country, adding, "In effect, the petrochemical sector must be moving in such a direction to keep the country away from sales of crude oil and gas so that the country's riches are exploited in an optimum manner."  

The MP said the industry needs to be calibrated with the latest global trends in order for the country to secure itself a firm toehold in international markets and jockey with the sector's heavyweights by producing quality items.

He said the parliament and the administration were ready to close ranks to support the sector in Iran, adding completion of the value chain has always been one of the major economic concerns of the country.

By integrated and precise planning, "we can overcome challenges and hurdles in the industry," further said the MP.

The country's in special economic conditions and because of that the petrochemical industry can be used as a major lever to drive the country out of such conditions by sticking to the principles of economic resilience, he said. 

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