Iran Downstream Petchem Sector Ready to Meet Industrial Demand, Says Industry Executive

Iran Downstream Petchem Sector Ready to Meet Industrial Demand, Says Industry Executive
(Saturday, May 17, 2025) 11:17

TEHRAN (NIPNA) – Iran’s downstream petrochemical industries are prepared to meet the needs of various industrial sectors, provided there is coordinated domestic support and improved vendor relations, an industry executive said on Saturday.

Hamed Sayyadi, Sales Director at Bornagadaz Company, emphasized the pivotal role of regulatory frameworks implemented by the National Petrochemical Company (NPC), noting that downstream producers have the capacity to support broader industrial development, particularly within the petrochemical value chain.

"We are keen to establish stronger trade ties with petrochemical firms," Sayyadi said in remarks reported by Nipna, the industry’s official news agency. “If vendors are consolidated and we can liaise with a unified vendor platform, our commercial interactions with petrochemical companies will be significantly more effective.”

Sayyadi also highlighted the competitiveness of domestic manufacturers in both quality and price, expressing support for renewed and more specialized evaluations of locally made products by the NPC. "If an entity can both understand the producer and the end-user, and connect the two, the outcome will be beneficial for all stakeholders," he said.

He stressed that communication gaps still exist between domestic suppliers and petrochemical firms. “At times, manufacturers are unaware of the specific needs of petrochemical companies, even when capable of producing the required goods. Likewise, some clients may not be aware of available domestic options.”

Sayyadi urged the NPC to actively facilitate connections between suppliers and clients following a thorough assessment of market needs, stating that such coordination would serve the interests of both parties and strengthen domestic industrial capacity.

 


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