Member of Tehran Chamber of Commerce:

Development of Petchem Industry Top Priority for Iran

Development of Petchem Industry Top Priority for Iran
(Monday, September 28, 2020) 09:09

TEHRAN (Shana) -- A member of the Tehran Chamber of Commerce, Industries and Mines said: "Development of the petrochemical industry is one of the main priorities of the country's strategic policies, and the elimination of dependence on revenues from crude oil sales will be materialized with the development of the petrochemical industry."

Mojtaba Safaei, in an interview with NIPNA, underlined the importance of the development of the petrochemical industry in the country's economic prosperity, saying the sector is now regarded as a priority in Iran.

He said: "We should know that the realization of strategies in the direction of achieving the second and third leaps of the petrochemical industry can be achieved only by ensuring petrochemical development.”

Safaei pointed out that the production capacity of various petrochemical products is growing and several projects in this industry have been put into operation since the beginning of the current calendar year, which began on March 21. “This shows that the petrochemical industry not only will not be stopped by sanctions, but even sanctions can become an opportunity for the development of this industry.”

He said: "Today, non-oil exports are of great importance and it seems that the most appropriate way to increase non-oil exports is the leap of the petrochemical industry and the widespread export of products of this leading industry."

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