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CEO Stresses Active Participation of Holding Companies in Petchem Industry Excellence Award

CEO Stresses Active Participation of Holding Companies in Petchem Industry Excellence Award
(Sunday, April 28, 2024) 21:30

TEHRAN (NIPNA) - Deputy Petroleum Minister and CEO of the National Petrochemical Company underscored the imperative of active participation by holding companies and petrochemical complexes in the Petrochemical Industry Excellence Award, stating that the achievements of this award can pave the way for realizing value chain completion in the petrochemical industry.

Morteza Shahmirzai made these remarks during the inaugural session of the Policy-Making Council of the 11th edition of the Petrochemical Industry Excellence Award on Sunday.

"In addition to the necessity of broad participation by holding companies and petrochemical complexes, the presence of petrochemical projects and other active companies in the oil industry should be facilitated in the Excellence Award process," Shahmirzai emphasized.

He further added that petrochemical complexes and projects must play a more active role in the 11th edition to pave the way for sustainable development of the petrochemical industry and value chain completion through strategic and intelligent thinking.

"One of the main strategies of the indigenous petrochemical industry is the localization of equipment and goods used in value-added petrochemical processes, which we have witnessed valuable achievements in recent years, and I hope that with the planned programs in the near future, all necessary equipment and goods will be domestically produced," Shahmirzai continued.

Highlighting the importance of reforming procedures and evaluations to achieve greater coherence in the Petrochemical Industry Excellence Award, he emphasized the need for serious attention to knowledge transfer and training by the Excellence Award Secretariat.

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