Tapping Local Potentialities, NPC Strategy: Official

Tapping Local Potentialities, NPC Strategy: Official
(Sunday, May 5, 2019) 12:05

TEHRAN (NIPNA) -- An official with the National Petrochemical Company (NPC) said that the company’s strategy was to activate domestic potentialities in production and manufacturing of parts and items used in the industry.

Speaking to NIPNA, on the sidelines of the 24th Tehran Oil Show, Ali Mohammad Bossaqzadeh, director of projects at NPC, said that in the current calendar year that has been entitled as the year of production boom, NPC pursues tapping domestic capabilities as a chief strategy.

The official further said several contracts were signed with domestic producers of catalysts on the sidelines of the showcase which is an indication of NPC’s interest in working to domestic companies.

He further said that the suitable conditions for investment in the petrochemical sector make it a favorable choice for investors, adding that the NPC and the Iranian Ministry of Petroleum fully support investors in the sector.

The showcase began on May 1 and wrapped up on May 4. It was held at Tehran’s permanent international fairgrounds and exhibitors from 21 countries.  

Email is required
Characters left: 500
Comment is required