TCCIM Ready to Endorse Petchem Trade

TCCIM Ready to Endorse Petchem Trade
(Sunday, July 29, 2018) 17:20

TEHRAN (NIPNA) -- Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM) says it is ready to aim sustainable export of petrochemicals by joining the National Petrochemical Company (NPC) and petrochemical firms.

Speaking to NIPNA, a member of the money and capital market committee of TCCIM, Ala Mir Mohammad Sadeghi, said enhanced production of petrochemicals is one of the best ways to wean the country's economy off export of crude oil and gas, saying: "Today the best path towards economic development of the country is developing the petrochemical industry both in upstream and downstream sectors and TCCIM is prepared to offer whatever support required in this regard."

"We need to enhance petrochemical exports in order to minimize petroleum exports," Sadeghi said.

Referring to Iran as a gas-rich country, he said the best way to consume natural gas is using it as feedstock for petrochemical plants.

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