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33 Petchem Projects up for Grabs in Mahshahr

33 Petchem Projects up for Grabs in Mahshahr
(Monday, December 13, 2021) 18:10

TEHRAN (NIPNA) -- The CEO of the Petrochemical Special Economic Zone Organization said: "33 projects are ready to be presented to private sector investors for production of downstream petrochemicals with the aim of reducing dependence on imports of raw materials."

According to the public relations of the Petrochemical Special Economic Zone Organization, Seyed Omid Shahidinia, in a meeting with the executives of the companies of Pardis Technology Park of the Vice President for Science and Technology, stated: “Carrying out technical and research cooperation in the form of a memorandum of understanding will accelerate private sector investments to implement the propulsion projects of this industry in Mahshahr.”

He said that completion of the production chain of petrochemical products is considered as the main goal of the Petrochemical Special Economic Zone Organization: "Currently, due to the volume of production of petrochemical base materials, we are witnessing self-sufficiency in some products; therefore, meeting the country's need for some downstream products to reduce various dependencies which is currently 30% in this region, is pretty helpful to the country’s economy.”

Shahidinia added: “The use of new and applied technologies to implement the propulsion projects of the petrochemical industry is being seriously pursued.”

He said that 33 investment projects for production of downstream petrochemicals with the aim of reducing dependence on imports of raw materials in the Petrochemical Special Economic Zone are ready to be presented to private sector investors.

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