Rouhani Lauds NPC for Localization of Petchem Catalysts

Rouhani Lauds NPC for Localization of Petchem Catalysts
(Monday, April 26, 2021) 23:19

TEHRAN (NIPNA) – Iranian President Hassan Rouhani honored the National Petrochemical Company (NPC) for its efforts to localize production of key petrochemical catalysts.

Appreciating the National Petrochemical Company, the President said: "The valuable efforts made to build catalysts for the petrochemical industry in the Petrochemical Research and Technology Company (PRTC) are a scientific, technological and self-sufficiency action in the industry."

Speaking on Thursday, April 15 at a ceremony to exploit petrochemical projects, the president stated that the obstacles are very important for us and the government will make every effort to complete the projects until the last day and the last hour.

He said: "It is an honor for the history of Iran that we have added 25 million tons to the production capacity of petrochemical products in this one year and a few months."

“The oil industry has always shone in the history of the country, especially in the 2010s; if we say that this decade has been a decade of progress, victory and leap in production and development, we have not said it in vain,” he said.

Appreciating the performance of the Petrochemical Research and Technology Company, the President said: "The valuable efforts made to build catalysts for the petrochemical industry are a scientific, technological and self-sufficiency measure in the industry."

"The administration supports implementation of petrochemical projects," he said, adding.

"Petrochemicals have been one of the front-line industries in the economic war," Dr. Rouhani said. "Just one of the projects that opened today and took four years to implement will generate $1 billion a year in revenue at a cost of about $1 billion. This shows the profitability of this industry.”

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