NPC CEO Stresses Need to Facilitate Investment in Petchem Sector

NPC CEO Stresses Need to Facilitate Investment in Petchem Sector
(Monday, October 6, 2025) 10:57

TEHRAN, Sept 29 (NIPNA) — Hassan Abbaszadeh, Deputy Petroleum Minister and CEO of the National Petrochemical Company (NPC), emphasized the importance of attracting new investments and boosting production in Iran’s petrochemical industry, calling for full use of available resources for financing and project development.


Speaking to NIPNA, Abbaszadeh said that encouraging private sector investment is a key strategic approach, and NPC is prepared to support investors in this regard. He added that completing development projects through funding from domestic and foreign investors, the banking sector, and capital markets can accelerate the industry’s growth.

Abbaszadeh noted that backing from the government and parliament has strengthened the resolve of industry players to pursue value chain completion as a strategic priority. He also highlighted the importance of coordination and collaboration across industry sectors, and stressed that efficient, skilled human resources are critical for enhancing productivity and supporting sustainable development in petrochemicals.

 


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