Support for Petrochems Industry, Strategy for Boosting Exports: MP

(Thursday, April 4, 2019) 23:53

TEHRAN (NIPNA) – A member of the Iranian Parliament said that the petrochemicals industry, in the case of stable and consistent exports, could be regarded as a reliable backbone for the Iranian economy, and it was necessary to support the sector.

Speaking to NIPNA, a member of the Civil Affairs Committee of the Islamic Consultative Assembly, Mohammad Damadi, voiced the body’s support for the petrochemicals industry, saying that export of petrochemicals could increase by supporting the sector.

Damadi said that the polymer and petrochemicals output of the country could be enhanced by providing support for the sector now that the country’s is directly targeted by US sanctions.

The MP said that oil, gas and petrochemicals industries could create jobs that is of utmost importance under the current circumstances.

He described the petrochemicals industry as a mother industry that enjoyed many advantages including cheap feedstock, skilled labor and proximity to global markets which made it an attractive option for investors.

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لوگو- نیپنا

National Petrochemical Company