Polymer Needed by Automakers Supplied Domestically: Official

Polymer Needed by Automakers Supplied Domestically: Official
(Saturday, June 6, 2020) 13:22

TEHRAN (NIPNA) -- The secretary of the Automobile Manufacturers Association said that petrochemical companies were the main suppliers of polymeric items used for the manufacture of auto parts in Iran.

Speaking to NIPNA, Ahmad Nematbakhsh said that polymeric materials play an important role in the automotive and parts industry today, adding, "In the current situation, petrochemical companies fully meet the needs of the automotive market, and they supply the market well."

He added: "Although the need for polymer materials in the automotive and parts industry is met through the commodity exchange and in some cases, this has caused losses for these companies, the positive role of petrochemical companies in the automotive and parts industry cannot be denied."

Regarding the position of the petrochemical industry in the country's economic prosperity and production leap, Nematbakhsh said: "One of the benefits of sanctions is that more attention has been given to the downstream industries in the oil and gas industry, and the sector was taken more seriously during the embargo."

The secretary of the Automobile Manufacturers Association said: "Investing in the petrochemical industry is very important, so increasing investment in this industry by observing completion of the value chain, appropriate development and production of final items, can play a role in the country's industrial development. The development of the petrochemical industry can also affect various sectors of the Iranian automotive industry.”

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