Addressing the inaugural session of the Development and Future Outlook
Conference in the Petrochemical Industry on Thursday, Shahdani highlighted that their
academic research center focuses on the economics of the petrochemical
industry, emphasizing that the petrochemical economy can address the country's
economic challenges.
Regarding the currency market, he remarked, "If it weren't for
the petrochemical industry and the resources it injects into the currency
market, the currency market would be even more turbulent."
Shahdani continued, "Today, many petrochemical companies are
under pension funds, and these funds derive a significant portion of their
income from the petrochemical sector."
He emphasized that for the petrochemical industry to have a future, it
must act differently from the past, stating, "Investment capital is the
Achilles' heel of this industry."
Furthermore, Shahdani stressed the need to invest in completing the
value chain, stating, "The petrochemical industry should not only support
pension funds and the currency market but also support itself."
He underscored the importance of seriously considering the provision
of feedstock for petrochemicals, stating, "We must not cut off the
feedstock of these economic enterprises because they will suffer serious damage."
"If we can achieve a desirable model for the future in the
petrochemical industry, all the challenges of this industry will be
addressed," Shahdani added.
He concluded by stating, "Petrochemical complexes must have the
necessary feedstock to achieve their economic capacity. If necessary, we should
import gas to supply the feedstock for these units."
In conclusion, Shahdani reiterated the importance of focusing on the
downstream sector of petrochemical industries, emphasizing its potential to
create significant added value.