News Agency - Detail

Petchem Industry to Grow Annually by 8% under 7th Development Plan

Petchem Industry to Grow Annually by 8% under 7th Development Plan
(Tuesday, October 8, 2024) 13:00

TEHRAN (NIPNA) – The caretaker of the National Petrochemical Company has announced that the petrochemical industry will experience an 8% annual growth throughout the Seventh Development Plan, aligning with the Supreme Leader's directive for 8% economic growth.

 

 

In a video message to the 17th Shiraz International Oil, Gas, Refining, and Petrochemical Exhibition, Hassan Abbaszadeh congratulated all industry players on the event.

He emphasized that the petrochemical industry, alongside the country's natural resources such as oil and gas, has grown and prospered, bringing along other industries, consultants, and contractors as well.

He highlighted that the current installed capacity of the petrochemical industry stands at approximately 100 million tons annually. Abbaszadeh expressed optimism that with the achievement of the development goals outlined in the Seventh Development Plan, and the efforts of the National Petrochemical Company, this figure will rise to 130 million tons.

Abbaszadeh urged industry stakeholders to seriously consider investing in the petrochemical sector to ensure the realization of the Supreme Leader’s directives for 8% economic growth.

He reiterated that with proper planning, the petrochemical industry will achieve this annual growth rate throughout the Seventh Development Plan.

He also extended his gratitude to the organizers of the 17th Shiraz International Exhibition and expressed hope that visitors would benefit from the various exhibition booths, especially in the petrochemical sector.

Email is required
Characters left: 500
Comment is required