Iran Petchem Industry on Track for Growth, Lawmaker Says

Iran Petchem Industry on Track for Growth, Lawmaker Says
(Wednesday, November 12, 2025) 16:09

TEHRAN, Nov. 12 (NIPNA) – Iran’s petrochemical industry is moving steadily along a path of growth and development, supported by coordinated efforts from both the government and parliament, a senior lawmaker said on Wednesday.


Rahim Zare, a member of the Parliament’s Planning and Budget Committee, told NIPNA that the petrochemical sector remains a cornerstone of domestic production and job creation, noting that its expansion is essential for reducing crude exports and boosting value-added output.

“The petrochemical industry is one of the main pillars supporting domestic production. Despite certain economic challenges, it has achieved remarkable progress and plays a vital role in driving the country’s economic development,” Zare said.

He emphasized that the industry’s advancement is undeniable, adding that the parliament and the government are jointly mobilizing their full capacities to promote this value-creating sector.

“Strengthening the petrochemical industry is synonymous with national economic growth,” he noted. “Even under the toughest sanctions, Iran’s petrochemical sector has secured major achievements and generated substantial revenues for the country.”

Zare also highlighted the importance of new investments, both domestic and foreign, in propelling the next leap in petrochemical output. “We stand ready to support investors alongside the government to ensure continued expansion in this strategic industry,” he said.

 


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