Completing Petchem Value Chain Key in Generation of Wealth: MP

(Friday, July 5, 2019) 10:05

TEHRAN (NIPNA) -- Deputy Chairman of the Energy Commission of the Iranian Parliament said the petrochemicals industry could increase the value of national capital through completion of the value chain, hence investing in the sector offers a clear vision of the industry.

Speaking to NIPNA, Hussein Amiri Khamkani, pointed out that the petrochemical industry played an important role in the development of the country, adding: "Further development of the petrochemical industry, in addition to prevention of selling crude oil, supplies raw materials for downstream industries which will strengthen national production and economic development of the country.”

"Petrochemicals increase the value of national capital through completing the value chain,” the MP said.

Amiri Khamkani stated that the development of the petrochemical industry and the completion of the value chain were among the priorities of the development projects of this industry, and in this way the private sector can play a role more than before in various ways.

Vice Chairman of the Energy Commission of the Parliament pointed to the role of employment in the petrochemical industry, and said: “Today, employment is one of the pillars of the development of countries, and one of the industries that contribute to increasing employment is the petrochemical industry.”

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