Speaking during a meeting with the managers and staff of NPC's
downstream development division, Abbaszadeh emphasized the need for
comprehensive industry development. “Efforts must be made across all sectors,
and the expansion of complementary industries should be a priority for all
stakeholders in the petrochemical sector,” he said.
He highlighted the potential for provincial downstream development to
not only generate employment but also create higher value-added products.
Abbaszadeh urged the rigorous pursuit and implementation of downstream
initiatives, noting NPC’s readiness to cooperate with industry players to
achieve these goals.
One of the key responsibilities of the downstream development
division, Abbaszadeh noted, is pricing and market regulation. He called for
active measures to complete the petrochemical value chain, ensuring the
sector’s growth aligns with market demands and national goals.
Abbaszadeh pointed to significant investment opportunities in
complementary industries and proposed diversifying the petrochemical product
portfolio. Collaboration with petrochemical companies and holding groups, he
suggested, could drive the production of a broader range of finished products.
He also referenced the success of credit-based sales initiatives by
petrochemical complexes, crediting NPC's market monitoring efforts with meeting
downstream industries' feedstock needs and revitalizing complementary
petrochemical operations.
The remarks underscore NPC’s strategic focus on downstream expansion
to bolster the country’s economic resilience and maximize the value derived
from its petrochemical resources.