Iran Lawmaker Urges Balanced Petchem Growth to Feed Downstream Sectors

Iran Lawmaker Urges Balanced Petchem Growth to Feed Downstream Sectors
(Sunday, June 28, 2026) 15:25

TEHRAN, June 27 (NIPNA) — Iran’s parliament will back strategic expansion plans for the petrochemical sector to safeguard domestic manufacturing and drive downstream growth, a senior lawmaker said Saturday.

Ahmad Moradi, a member of the parliamentary Energy Committee, noted that a balanced expansion across the petrochemical value chain is vital to ensuring a steady supply of raw materials for downstream industries.

Economic Resilience

In an interview with NIPNA, Moradi emphasized that sustained investment in the energy and petrochemical sectors acts as a core metric of national economic resilience.

"When the oil and petrochemical sectors demonstrate the capacity to maintain and rapidly restore production volumes, it signals the structural reliability and stability of the nation's energy supply chain," Moradi said.

The lawmaker noted that the parliament views the petrochemical sector as a primary engine for national economic growth, adding that successful production continuity has a direct, positive ripple effect across downstream consumer industries.

Value Chain Optimization

A key priority for legislative backing remains the mitigation of raw material exports in favor of higher-value intermediate and finished chemical products.

Moradi highlighted that years of targeted domestic investment in technical expertise and human capital have enabled the industrial sector to manage its core technical and operational requirements independently. Such domestic capabilities, he added, serve to strengthen national economic security and broaden industrial output.

 


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