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Abbaszadeh Honors Nematzadeh as Incomparable Petchem Figure

Abbaszadeh Honors Nematzadeh as Incomparable Petchem Figure
(Monday, February 17, 2025) 11:32

TEHRAN (NIPNA) – In a ceremony dedicated to Engineer Mohammad Reza Nematzadeh, known as the father of Iran’s petrochemical industry, Hassan Abbaszadeh, Deputy Minister of Petroleum and CEO of the National Petrochemical Company (NPC), praised Nematzadeh's management, experience, knowledge, and generosity, calling them an example for future industry leaders.

The event, organized by the Union of Petroleum, Gas, and Petrochemical Exporters in the Iran Chamber of Commerce, Industry, Mines, and Agriculture, took place on Saturday, February 16. Abbaszadeh acknowledged that Nematzadeh’s contributions continue to be more impactful than many current industry leaders.

He emphasized that Nematzadeh has been incredibly generous with his expertise, providing invaluable advice to NPC, while still actively supporting the industry’s development. Abbaszadeh also noted that Nematzadeh continues to play a crucial role alongside the private sector, offering guidance on project selections and sharing his wealth of knowledge across all parts of the industry.

"Engineer Nematzadeh is an unattainable standard in the petrochemical industry," Abbaszadeh stated. "We strive to reach some of this standard, but it is truly a challenging task."

Reflecting on Nematzadeh’s early contributions, Abbaszadeh recalled that he had laid out a strategic 25-year plan for the industry, a vision that has yet to be replicated. Many petrochemical complexes and projects were planned during his leadership, with 12 million tons of production capacity being developed during his tenure.

Under his leadership, $4 billion in investments were made annually, a remarkable achievement that facilitated the establishment of specialized companies for training, transportation, repairs, utilities, and other essential infrastructure, which continue to benefit the industry.

Abbaszadeh also expressed his appreciation for the contributions of Minister Bijan Zanganeh and other managers during Nematzadeh’s era in the petrochemical sector.

The event, which celebrated the legacy of Mohammad Reza Nematzadeh, also featured participation from prominent figures in the industry, including Bijan Zanganeh, Seyed Hamid Hosseini, Samad Hassan Zadeh, Fereidoun Asadi, Mansour Moazami, and former CEOs of NPC.


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