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FinancialNews
02-05-23
Iran Unveils Guidelines for Petrochemical Industry's Value Chain at IPF
(MENAFN) The Iranian Oil Minister Javad Oji and the National Petrochemical Company (NPC) Managing Director Morteza Shahmirzaei were present at the unveiling of a document on the development and completion of the value chain of the petrochemical industry at the 14th Iran Petrochemical Forum (IPF). The event took place at the IRIB International Conference Center (IICC) in Tehran on Monday, with the document being unveiled on the sidelines of the forum. The document will serve as a guideline for all petrochemical companies and holdings to adjust their development plans in line with its recommendations.
The NPC officials have stated that the document on the development and completion of the value chain of the petrochemical industry will be updated, if necessary, with the coordination of the NPC. This will enable investors to invest in Iran's petrochemical sector with more confidence, as they will have access to updated and accurate information. The document will play a crucial role in the development of the petrochemical industry in Iran, as it will provide a roadmap for the industry's growth and development.
The 14th Iran Petrochemical Forum (IPF) focused on "Value Chain, New Opportunities" and featured discussions on eight topics. These topics included "Feedstock, products and supply chain", "Solutions and advanced optimization technologies", "Integration and coordination between petrochemical and refining complexes", "Production process and market", "Methanol market and its roles", "Global energy crisis and future of the petrochemical industry", "Investment and financial supply opportunities", and "Energy optimization and production without pollution". The forum provided an opportunity for industry experts and stakeholders to share their insights and ideas on how to promote the growth and development of the petrochemical industry in Iran.
MENAFN02052023000045014146ID1106154027
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