During a visit to
the 7th Iran Expo, Hassan Abbaszadeh, Deputy Petroleum Minister and CEO of the
National Petrochemical Company (NPC), held talks with Esmaeil Lalehgani, CEO of
Bank Refah, emphasizing the critical role of the banking sector in supporting
nationwide petrochemical initiatives.
Abbaszadeh
highlighted the importance of securing stable feedstock supply for downstream
expansion and called for further dialogue with the bank to assess investment
mechanisms for high-priority, value-added projects.
Lalehgani
reaffirmed the bank’s commitment to boosting its involvement in new petrochemical
ventures, citing the use of innovative financial instruments. He also noted
Bank Refah’s existing participation in projects such as Amir Kabir
Petrochemical and the Persian Gulf Petrochemical Industries Holding Company.
Bank Refah, he
said, remains prepared to allocate funding—both in local and foreign
currencies—to development plans across Iran’s oil, gas, refining and
petrochemical sectors.
The NPC chief
also visited the booths of other key lenders, including Bank Shahr and Bank of
Industry and Mine, during his tour of Hall 38 at the exhibition.
Iran Expo 2025,
which runs from April 28 to May 2 at Tehran’s International Permanent
Fairground, showcases the export capabilities of Iranian companies,
particularly in goods and technical services. The petrochemical industry is
represented across four product categories: methanol, urea, chemicals and
polymers.