Morteza Shahmirzaei, on Sunday, April 7, 2024, during the "Senior
Petrochemical Industry Managers Meeting to Achieve Production Surge with
People's Participation," referred to the naming of the year 1403 as the
year of production growth with people's participation by the esteemed Leader's
office. He stated, "Fortunately, the Iranian petrochemical industry is a
people's industry, and about 60 million Iranians are shareholders in this
industry."
Shahmirzaei, noting that the NPC, as the specialized parent company in
this industry, has planned to form production surge task forces at three levels
within the NPC, holdings, and petrochemical companies to achieve the slogan of
the year 1403, stated, "The factors contributing to the reduction in
production and obstacles to production will be analyzed in more specialized
meetings."
He added, "According to the Sixth Development Plan, petrochemical
companies are required to allocate 40% of their annual profits to development
and completion of the value chain to benefit from the stepwise feedstock
discount, and we request all petrochemical companies to focus on completing the
value chain with the aim of creating more added value."
The Deputy Minister of Petroleum and CEO of the NPC stated, "This
year, the petrochemical industry is taking steps towards its production surge,
and this leading and specialized industry will move towards the development and
surge in production of various products using all available capacities and the
cooperation of holdings and petrochemical companies."
He considered the maximum presence of managers and petrochemical
companies in today's meeting as effective interaction and collaboration for
achieving the set goals in the current year, adding, "Feedstock management
to meet the needs of the petrochemical industry is important, and with the
cooperation of the National Iranian Oil Company, the National Iranian Gas
Company, and the refining and distribution company, efforts must be made to
ensure the sustainable supply of petrochemical feedstock."
The Deputy Minister of Petroleum stated, "9% of the country's gas
is allocated to petrochemical feedstock, and with the cooperation of the
country's refining sector and the use of liquid feedstocks, the industrial feed
basket can be diversified."
Shahmirzaei emphasized, "We expect petrochemical companies to
increase the production capacity of this industry, which will bring the highest
return to the country's economy, and for this purpose, the issue of
petrochemical units' feedstock in the Council of the Minister's deputies will
undoubtedly be raised and pursued."
He referred to the collection of associated gas and flaring reduction
efforts and added, "By using these gases, petrochemical production can be
increased, leading to increased production and meeting the needs of downstream
petrochemical industries."
Shahmirzaei said, "The flaring gases of the East and West Karun,
with the efforts of the petrochemical industry, are being collected," and
added, "Petrochemical holdings are also investing in upstream oil
development to ensure a sustainable feedstock supply."
The CEO of the NPC stated, "Last year, with the interaction and
collaboration of petrochemical companies, 80 credit facilities were provided,
and downstream petrochemical industries received their needs more easily, and
about 15,000 downstream units can receive their required feedstock on
credit."
Shahmirzaei continued, "Production surge is related to production
management, and petrochemical managers must consider all aspects in production
complexes and move towards the development and balanced progress of the
industry by utilizing the country's capabilities and knowledge and employing
new knowledge."
He pointed out the role and importance of increasing cooperation with
the Iranian Customs, Ports and Maritime Organization, as well as the country's
transportation fleet to facilitate exports and said, "With national
determination, we must achieve the set goals for production surge."
The CEO of the NPC addressed the CEOs of holdings and petrochemical
companies, saying, "Provide media coverage to explain the achievements of
the industry, and the successes achieved in projects and petrochemical
complexes must be communicated through coherent cultural efforts."
The specialized meeting of senior managers of the petrochemical
industry with the aim of achieving a production surge with people's
participation was held today (Sunday, April 7, 2024) with the presence of
Morteza Shahmirzaei, Deputy Minister of Petroleum and CEO of the NPC, CEOs of
holdings, petrochemical companies, and managers of some petrochemical projects,
hosted by the production control management of this company. In this meeting,
programs and concerns of companies to achieve the slogan of the year were
discussed and examined.