NPC Focused on Value-Chain Completion: CEO

NPC Focused on Value-Chain Completion: CEO
(Sunday, December 23, 2018) 14:18

TEHRAN (NIPNA) – The CEO of the National Petrochemical Company (NPC) said the company, under his management, was primarily focused on completion of the sector’s value-chain and production of value-added items while minimizing import of items.

Behzad Mohammadi announced division of the petrochemical industry’s development plan at NPC.

 The head of the NPC board of directors said: "In this master plan, apart from focusing on project implementation, feedstock supply, production and exports, a special look has been cast on creating diversity in the sector’s value chain.”

 The NPC CEO said: "There are currently 59 petrochemical projects under way, of which 33 projects have progressed more than 20 percent, so our entire effort is to pick appropriate strategies aimed at expediting the projects.”

 Mohammadi, who is also deputy petroleum minister for petrochemical affairs, said development of this industry has so far been carried out in two hubs which are namely Mahshahr, in the southwestern province of Khuzestan, and Assalouyeh, in southern Iran.

 "I believe that the development of petrochemicals will quickly increase with the elimination of the problems and concerns of the projects under way.”

 Behzad Mohammadi further stated that a master development plan for the petrochemical industry had been devised which paid special heed to diversification of the products.

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