Speaking to NIPNA, Hassan Abbaszadeh warned that past
divestments—conducted without regard to production continuity—had fragmented
the petrochemical value chain, leading to structural inefficiencies and reduced
productivity.
He announced that preliminary talks are underway between Persian Gulf
Petrochemical Industries Company (PGPIC) and Tamin Petroleum &
Petrochemical Investment Company (TAPPICO) to examine the transfer of certain
TAPPICO subsidiaries to PGPIC. The move aims to consolidate related operations
and establish a more cohesive value chain.
“This is currently under expert review by both parties and no final
decision has been made,” Abbaszadeh noted. “However, the priority is to ensure
synergy and integration across the sector.”
The NPC chief stressed the importance of tight regulatory oversight,
saying the company is closely monitoring all transfer processes to avoid
repeating past missteps. He added that any successful privatization must be
based on a holistic, chain-oriented vision that prioritizes operational
efficiency.
Abbaszadeh also highlighted the constructive role of major
petrochemical holdings such as PGPIC and TAPPICO in enhancing industry
productivity through internal consolidation and strategic realignment.
Calling for merit-based appointments, he said the petrochemical sector
should be run with technical expertise and efficient, analytical management.
“The 14th government is committed to empowering professionals, and the
President himself insists on appointing qualified individuals to lead key
sectors,” he stated.
He concluded by underscoring the need for transparency, expertise, and
a program-driven approach to restore the petrochemical industry to its rightful
position in the economy.