NPC Official: Petchem Diplomacy — Key to Diversifying Target Markets

NPC Official: Petchem Diplomacy — Key to Diversifying Target Markets
(Tuesday, October 7, 2025) 11:10

TEHRAN, Oct. 6 (NIPNA) — The Director of Planning and Development at the National Petrochemical Company (NPC) emphasized that petrochemical diplomacy serves not only as a means to diversify export destinations and expand the customer portfolio, but also as a strategic pathway to overcome sanctions and enhance Iran’s international standing.

Hossein Alimorad stated that expanding the customer base requires direct coordination and synergy between exporting petrochemical holdings, production companies, and the country’s diplomatic apparatus. He noted that NPC’s current focus is on broadening the diversity of customers and foreign markets.

He explained that petrochemical diplomacy involves leveraging diplomatic relations to open new and emerging markets and strengthen Iran’s position in existing ones, thereby advancing the industry’s development goals. “By enhancing banking mechanisms, shipping and logistics capabilities, transportation infrastructure, and establishing preferential tariffs, we can lower export costs to target countries and improve price competitiveness in new international markets,” he added.

Alimorad highlighted that Iran’s petrochemical sector still possesses considerable potential for a strong regional and global presence if political and economic conditions improve. To realize this potential, he outlined five key priorities:

  1. Completing the value chain and expanding downstream industries to produce high value-added products.
  2. Forging strategic partnerships with aligned countries to neutralize sanctions and expand the customer base.
  3. Investing in modern technologies and improving overall and energy efficiency.
  4. Accelerating project implementation and optimizing production operations.
  5. Developing logistics and transport infrastructure to reduce export costs and enhance price competitiveness in regional and global markets.

 


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