PGPIC Focused on Developing Downstream Projects

(Saturday, February 16, 2019) 18:01

TEHRAN (NIPNA) – The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) said his company, aside from completing under-construction projects, was focused on developed downstream projects.

Jafar Rabiei said given the abundance of liquid and gas feedstock at PGPIC disposal, “we intend to develop downstream projects as well.”

Speaking to NIPNA, the official outlined PGPIC plans for the future, saying completion of under-construction projects is the company’s top priority.

He said completion of Bidboland, Lordegan and Ilam petrochemical projects were highly prioritized by PGPIC, the company supplied various kinds of feedstock that could be consumed in downstream projects inside the country without having to export them as raw materials.

Downstream projects can be run by the private sector and need not be near abundant water resources, he said.

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