Iran Capable of Building Sophisticated Items in Petchem Industry

(Sunday, February 24, 2019) 14:38

TEHRAN (NIPNA) – A member of the Society of Iranian Petroleum Industry Equipment Manufacturers (SIPIEM) said domestic manufacturers had made great achievements in building items and parts used in the industry.

Speaking to NIPNA, Ehsan Saghafi voiced the society’s support for the petrochemical industry, saying the industry played a key role in the country’s economy and prevented sale of crude oil and gas as well as raw materials.

He said Iran enjoyed massive potentialities in developing downstream industries, adding SIPIEM was ready to cooperate in this regard.

Saghafi said Iranian manufacturers had mastered production of sophisticated items and parts used in various sectors of the petroleum industry, adding the petrochemical sector has been able to generate revenues for the country despite the US sanctions on Iran.

“We view the petrochemical industry as a lucrative one whose development would help the development of other sectors,” he added.


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National Petrochemical Company