Iran Petchem Sector Has Global Competitiveness, Lawmaker Says

Iran Petchem Sector Has Global Competitiveness, Lawmaker Says
(Tuesday, September 9, 2025) 15:16

TEHRAN, Sept 9 (NIPNA) – Iran’s petrochemical industry has the capacity to compete internationally, and parliament stands ready to provide full support for domestic producers, a senior lawmaker said Tuesday.


Shahbaz Hassanpour, a member of parliament’s industry and mining committee representing Kerman and Ravar, praised the performance of the Ministry of Petroleum under President Ebrahim Raisi’s administration, saying it had delivered “the best results despite challenges.”

Speaking during a visit to the 19th IranPlast International Exhibition in Tehran, Hassanpour said Iran’s petrochemical sector has proven resilient under sanctions and retains strong potential in producing final goods for both domestic and export markets.

“Iran has a high capacity in petrochemicals, particularly in downstream products, and many regional markets are eager to use our goods,” he said. “Future exhibitions abroad could help showcase these capabilities and strengthen competition with other countries.”

Hassanpour stressed that exports should be prioritized once domestic demand is met and that products must meet global standards while research and development activity should expand. He also called for greater involvement of the private sector under Article 44 of the constitution, which promotes privatization.

Parliament will back any legislation needed to support the industry, he said. “There are no legal barriers for domestic producers. With coordination between government and parliament, we are witnessing one of the golden periods of cooperation, and we hope its results will reach the people’s livelihoods,” Hassanpour added.

 


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