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Iran Petchem Industry Embraces Diplomatic Energy Success

Iran Petchem Industry Embraces Diplomatic Energy Success
(Sunday, September 17, 2023) 09:19

TEHRAN (NIPNA) -- In anticipation of the 17th International IranPlast Exhibition, Deputy Minister of Petroleum and CEO of the National Petrochemical Company, Morteza Shahmirzai, emphasized the critical role of harnessing the benefits of expanded energy diplomacy within the Thirteenth Government's Ministry of Petroleum.

On the eve of the 17th International IranPlast Exhibition, Shahmirzai underscored the importance of balanced and sustainable development of the petrochemical industry in the country's economy. He stated that the development of complementary industries aligned with the upstream petrochemical sector plays a pivotal role in achieving self-sufficiency, wealth creation, and economic growth for the nation.

Shahmirzai further elaborated that the National Petrochemical Company is determined to leverage all domestic capabilities alongside expanding energy diplomacy and enhancing foreign relations within the 13th Government to realize the value chain completion strategy of the petrochemical industry.

The CEO of the National Petrochemical Company continued, stating that Iran's increased cooperation with like-minded neighboring countries and the expansion of its petrochemical product markets demonstrate the country's enhanced capabilities in the petrochemical industry, particularly in polymer industries, both regionally and globally.

He emphasized that the National Petrochemical Company has devised a comprehensive plan to maximize the opportunities created during the 17th International IranPlast Exhibition for the development of the petrochemical industry. He added that besides the participation of 210 foreign companies and coordinating visits from over 220 foreign delegates, including officials, traders, and foreign investors to the exhibition, Iran's ambassadors in 18 countries will also attend the official opening ceremony of IranPlast 17th edition.

The Deputy Minister of Petroleum further elaborated that diplomats, by identifying the capacities and capabilities of polymer and complementary industries at this exhibition, play a significant role in creating the necessary foundations for expanding foreign relations and target markets for Iran's petrochemical industry.

The 17th International IranPlast Exhibition, with a focus on value chain completion, support for domestic production, and promoting domestic manufacturing, will commence from tomorrow, Sunday, September 17, 2023. It will run for four days in the permanent venue of Tehran's international exhibitions, aiming to foster Iran's petrochemical industry and national production.

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