In a meeting with the heads of major petrochemical holdings and the
Secretary of the Petrochemical Employers’ Association, Hassan Abbaszadeh
outlined the key goals for the industry, emphasizing both production growth in
existing plants and the launch of new projects that are expected to contribute
significantly to production volumes.
"We are aiming for 83.5 million tons of production in 2025,
supported by the completion of several new projects and expansions in existing
facilities," Abbaszadeh said. "The target is to increase production
capacity to 105 million tons by the end of 2025."
The discussion, which took place on Wednesday, also highlighted the
need for increased safety measures within the industry. Abbaszadeh stressed the
importance of HSE (Health, Safety, and Environment) protocols, especially in
petrochemical terminals and storage tanks, calling for ongoing monitoring and
stringent safety practices.
As part of efforts to enhance safety and efficiency, Abbaszadeh
revealed plans to implement a comprehensive safety program for terminals and
storage tanks. "The focus will be on minimizing product dwelling time at
docks, particularly in Assaluyeh and Mahshahr, where many of the country’s
petrochemical facilities are located," he added.
In line with these objectives, the CEO also noted the importance of
cooperation between NPC and petrochemical holdings, stressing that joint
efforts have already led to significant achievements across various sectors.
"The collaboration with holdings has been instrumental in driving the
industry’s growth, and a unified approach is critical for continued
progress."
In 2024, the petrochemical industry reached a production capacity of
96.6 million tons, with 75.2 million tons of various petrochemical products
produced and delivered to both domestic and international markets. Exports for
the year reached 29.2 million tons, valued at approximately $13 billion, while
domestic sales amounted to 13.1 million tons, valued at around $11 billion.
For 2025, Abbaszadeh projected exports of 34.8 million tons, with an
estimated value of $13.6 billion. Additionally, domestic sales are expected to
reach 16.1 million tons, valued at over $10 billion.
This year, eight million tons of new production capacity are expected
to come online, contributing to the overall goal of 83.5 million tons in total
production. Abbaszadeh also mentioned that 10 million cubic meters of flare gas
would be collected and converted into feedstock for petrochemical plants.
Regarding the feedstock supply, Abbaszadeh emphasized the importance
of increasing the use of flare gas recovery and exploring oilfield reserves for
enhanced production. "This year, 51 million cubic meters of natural gas
will be used as feedstock, while 63 million cubic meters will be required for
fuel," he said.
The CEO also highlighted the importance of energy efficiency and the
need for petrochemical companies to meet their social responsibility
commitments. He urged holdings and petrochemical companies to collaborate in
the upcoming execution of industry excellence awards, stressing the role of
strategic councils in achieving these goals.
NPC’s role as the governing representative in the petrochemical
industry was also underscored by industry representatives, including Ahmed
Mahdavi Abehri, the Secretary-General of the Petrochemical Employers’
Association, who reaffirmed the association’s unwavering support for NPC’s
leadership in tackling challenges and fostering growth within the industry.
The meeting concluded with additional comments from various
representatives, including advisers from the Persian Gulf Holding and
Petrofarhang Group, all calling for a strategic and collaborative approach to
address the industry's challenges and sustain its development trajectory.