Iran Petchem Group Says Domestic Technology Key to Competitiveness

Iran Petchem Group Says Domestic Technology Key to Competitiveness
(Tuesday, December 9, 2025) 14:12

TEHRAN, Dec. 6 (NIPNA)– A senior executive at Persian Gulf Petrochemical Industries Co. (PGPIC) said Iran must rely on domestic technological solutions to maintain competitiveness in global markets, as international partnerships remain restricted by sanctions, state media reported on Sunday.

Mahmoud Aminnejad, vice president for planning and business development, told the opening session of the Petrofan 2025 conference that innovation and technology should underpin strategic decisions in the sector. He said technological needs across the industry can no longer be met through foreign cooperation and must be addressed through local capabilities.

Aminnejad noted that some of Iran’s major plants, including Bandar Imam and Razi, operate with ageing infrastructure and high energy consumption, warning that failure to modernize them will erode profitability and weaken their position in global markets.

He highlighted Iran’s progress in catalyst production, saying 85 out of 89 industrial catalyst types have been localized, with a domestic market valued at about $285 million. He added that Iran could shift from importer to exporter, citing recent catalyst exports by Lorestan Petrochemical.

Aminnejad said this progress reflects genuine cooperation between industry and technology developers. This year’s Petrofan conference includes an evaluation of knowledge-based firms carried out with support from the Presidential Science and Technology Office, as well as a new innovation award aimed at recognizing proven process improvements and new product development.

The Petrofan 2025 event, organized by PGPIC, runs from 7 to 9 December at the Research Institute of Petroleum Industry.

 


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