Iran Petrochemical Industry on Development Path: MP

Iran Petrochemical Industry on Development Path: MP
(Sunday, December 29, 2019) 17:33

TEHRAN (NIPNA) – The Spokeswoman of the Iranian parliament’s Energy Committee underlined the Petrochemical Industry Day in Iran, saying the parliament supported the process of development of the Iranian petrochemical industry with the aim of completing the value chain and reducing crude oil sales.

Speaking to NIPNA, Sakineh Almasi, a representative of the people of Jam, Kangan, Assaluyeh and Dayyer at the parliament, said Iran's petrochemical industry is on the development track, adding that if the second and third leaps in petrochemical industry were realized, a lot of jobs and massive value added would be generated in the country.

She further voided the parliament’s support for the petrochemical industry, saying: “Iran's petrochemical industry is more than fifty years old and is one of the pillars of economic and industrial development for the country.”

The MP added that Iran had a good position in the petrochemical industry in the region and the world and most of Iran’s non-oil exports were related to this industry.

Iran has more than two percent share in the huge and growing petrochemical industry of the world and its goal is to achieve 6.3% market share.

Email is required
Characters left: 500
Comment is required