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Plans under Way to Exploit Untapped Petchem Potentialities

Plans under Way to Exploit Untapped Petchem Potentialities
(Saturday, January 18, 2020) 15:48

TEHRAN (NIPNA) – The National Petrochemical Company (NPC), with the cooperation of petrochemical companies, has planned to tap the unexploited potentialities of petrochemical plants in Iran.

NPC’s Director for Production Control Jalal Mir Hashemi, in an interview with NIPNA, underlined the favorable upward trend of petrochemical production growth in the country, adding in the past years and for certain reasons, part of the production capacity of production complexes has not been exploited in Iran and plans are under way to activate these potentialities in the coming year with the cooperation of petrochemical holdings and companies which would add 2 million tons to the country’s annual petrochemical production capacity.

He said realization of the second and third petrochemical leaps of the country were one of the key policies of the NPC besides which are enhancing production and removing production bottlenecks of the industry.

He said the optimal use of installed capacity in the petrochemical industry and exploitation of empty capacities could lead to the realization of the second development leap in the petrochemical industry, adding: “By identifying and prioritizing removal of production bottlenecks, we will be able to make use of potentialities without any major capital as investments have already been made for their creation.”

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