NPC Chief: Petchem Research Key to Industry Growth

NPC Chief: Petchem Research Key to Industry Growth
(Wednesday, May 14, 2025) 09:46

TEHRAN (NIPNA) – Iran’s Deputy Petroleum Minister and CEO of the National Petrochemical Company (NPC) emphasized the critical role of the Petrochemical Research and Technology Company (PRTC) in advancing the country's petrochemical sector, urging alignment with global scientific and technological trends.

Speaking on Tuesday during a meeting with PRTC’s board members and executives, Hassan Abbaszadeh reaffirmed NPC’s full support for the company, calling it a “valuable asset” in providing domestic technical knowledge and catalysts to various segments of the industry.

“Relying on Iranian expertise and innovation has enabled PRTC to contribute meaningfully to the sector,” Abbaszadeh said. “Achieving balanced growth requires embracing new technologies, and PRTC must play an even more active role in line with the goals set forth in the Seventh Development Plan.”

He stressed the importance of specialized, flexible research teams capable of driving development through collaboration with petrochemical holdings and producers.

Abbaszadeh also underscored the necessity of continuous monitoring of global advancements, noting that adapting to international changes is essential for increasing Iran’s petrochemical market share worldwide.

“The NPC will use all available capacities to support PRTC and its skilled researchers and experts,” he concluded.

 


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