News Agency - Detail

Iran Edges Closer to Full Localization of Petchem Catalysts

Iran Edges Closer to Full Localization of Petchem Catalysts
(Saturday, June 15, 2024) 16:13

TEHRAN (NIPNA) -- Iran's Deputy Petroleum Minister announced significant progress in the localization of petrochemical catalysts, emphasizing the nation's commitment to technological advancement.

Speaking at a general meeting of the Petrochemical Research and Technology Company, coupled with the signing of five remaining research contracts from the comprehensive catalyst document for the oil industry, Morteza Shahmirzaei, who is also the CEO of the National Petrochemical Company (NPC), stated, "All 99 initiator and absorbent catalysts used in the petrochemical industry are on the verge of complete domestic production."

Shahmirzaei commended the efforts of the Petrochemical Research and Technology Company in developing local technical knowledge and various needed catalysts. He emphasized the necessity of localizing technical knowledge, goods, and equipment used in the industry by leveraging domestic capabilities. "The industry has achieved valuable accomplishments in this regard," he added.

Highlighting the role of artificial intelligence in petrochemical technologies, Shahmirzaei noted that the Petrochemical Research and Technology Company could lead in this domain, meeting industry needs with cutting-edge global technologies.

The CEO underscored the expansion of collaborations with universities, research centers, and knowledge-based companies, which has led to the flourishing and development of Iran's petrochemical sector. He indicated that the signing of five research contracts demonstrated significant potential for further academic collaboration.

Reflecting on the nation's strategic direction, Shahmirzaei remarked, "In December 2021, the Petrochemical Research and Technology Company committed to localizing all catalysts used in the industry. Today, we are witnessing the near-completion of this goal."

He also discussed the development of eight strategic catalysts by a petrochemical holding company, highlighting the need for these entities to intensify their efforts in localizing industry requirements. Shahmirzaei pointed out that resolving the status of the comprehensive license and technical knowledge document for the petrochemical industry is crucial, with 250 licenses in use within the sector.

"The petrochemical industry succeeded last year in revitalizing downstream sectors by offering 800 trillion rials of products," Shahmirzaei noted. He highlighted the support from the Ministry of Industry, Mine, and Trade and the banking system in meeting the needs of these sectors.

Additionally, Shahmirzaei mentioned the ongoing initiative to extinguish flares at petrochemical complexes, aiming to utilize associated gases to not only protect the environment but also enhance feedstock for petrochemical plants.

The strides made by Iran in the localization of petrochemical catalysts represent a significant leap towards self-sufficiency and technological empowerment, fostering national pride and economic resilience.

Email is required
Characters left: 500
Comment is required