Plant Saves $5.6m by Localizing Items

(Tuesday, September 8, 2020) 18:29

TEHRAN (NIPNA) – Jam Petrochemical Company has saved Iran $5.6 million in expenses by localizing many of the items and equipment it needed for operation.

According to Jam Petrochemical Company, Mohammad Jafar Shadkani, Head of Self-Sufficiency and Domestic Manufacturing at Jam Petrochemical Plant, said the purpose of establishing the unit was to prepare plans for building basic items by creating a suitable environment inside the complex.

"Another goal of this unit is to review the items of foreign purchasing requests in parallel with the process of completing the list of equipment available and used in other complexes of the country by contacting units,” he said.

The official pointed out that among the important goals of this unit at this time of economic conditions are the promotion of indigenous savvy, enhancing capital turnover in the country and creation of jobs.

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