Speaking at the inauguration of Kimia Sanaye Dalahoo and Kimia Sanaye
Entekhab petrochemical plants, Abbaszadeh said the industry has delivered 100%
of its planned objectives, with nine out of 19 projects scheduled for this year
already operational in the first half. Several large projects are in
pre-commissioning and expected to come online by year-end.
Abbaszadeh stressed the strategic role of private investors, noting
that despite accounting for only 15% of the approximately $90 billion invested
in the sector to date, their contribution is significant. He singled out
Entekhab Group for its successful investments, including two new plants
inaugurated during the ceremony and a $700 million PDH project currently under
development.
He emphasized that private companies, unlike large state-backed funds,
require faster decision-making and reduced bureaucratic delays to sustain
growth. “Facilitating genuine private investment is a key policy supported by
the Supreme Leader, the President, and the Petroleum Minister. Administrative
obstacles must be removed to enable investors to operate efficiently,” he said.
Abbaszadeh also highlighted Entekhab Group’s strategic approach,
starting from downstream production and expanding to international markets,
including Europe, achieving high efficiency and cost-effective operations.