Javad Zarepour, CEO of Petrofarhang Holding, made these remarks during
a "Specialized Meeting of Senior Managers in the Petrochemical Industry
with the Aim of Achieving a Production Surge with People's Participation."
He highlighted the importance of addressing investment obstacles and
enhancing investment appeal to drive production growth in the petrochemical
sector.
"It's natural for investors to seek profit security. Therefore,
to foster production surge in the petrochemical industry with public
participation, we must not only remove investment barriers but also create
necessary incentives," Zarepour stated.
He urged the National Petrochemical Company (NPC) to continue
addressing issues related to achieving the slogan of the year, focusing on
production surge, as demonstrated by their commitment to organizing such
meetings.
Zarepour identified one of the main challenges in the petrochemical
industry as the formula for determining feedstock rates. He called upon the Deputy
Minister of Petroleum to pursue the modification of the formula for determining
petrochemical gas feedstock rates.
Regarding the essential challenge of ensuring stable feedstock supply,
Zarepour described it as a fundamental challenge for the petrochemical
industry.
He highlighted a 20% growth in the production tonnage of the
Petrofarhang complex in 1402 compared to the previous year.
The specialized meeting of senior managers in the petrochemical
industry, aimed at achieving a production surge with public participation, took
place today (Sunday, April 7, 2024) with the presence of Morteza Shahmirzaei, Deputy
Minister of Petroleum and CEO of the NPC, CEOs of holdings, petrochemical
companies, and managers of some petrochemical projects. The meeting, hosted by
the production control management of the NPC, addressed the programs and
concerns of companies to achieve the slogan of the year.