According to the
NPC CEO, the project is expected to transform the region’s economy and industry
while generating jobs.
Behzad Mohammadi
stated in a Wednesday meeting of the board of directors of West Islamabad Petrochemical
Industries Company that acquiring the technical knowhow for production of
polymer from natural gas was a major achievement for the country.
The Petrochemical
Research and Technology Company (PRTC) will provide the savvy for construction
of the plant whose construction will begin in the near future, he said.
The plant will be
launched by the National Petrochemical Company (NPC) as a development organization,
he said, adding that all the infrastructure required for building the project was
prepared.
The petrochemical
industry is privatized in Iran and NPC often serves as a regulatory body in the
sector. It normally invests in key infrastructural and utility projects.