Addressing the 12th Iran Petrochemical Forum (IPF2015) on Sunday, Bijan Zanganeh referred to the finalization of the negotiations between Iran and the 5+1 as well as the removal of sanctions in the coming days adding “Iran’s petrochemical industry will enter a new era once the sanctions are lifted and we can hope that the 20-Year National Vision Plan will be fully realized.”
“Iran’s petrochemical industry is now focusing on the development of the private sector and cooperatives with the major issues at stake being sustainable raw material supply for the industry as well as creating the required infrastructures on the part of the National Petrochemical Company (NPC).
The member of the cabinet stressed that a big leap has been planned for the country’s petrochemical industry; “Iran aims to boost its petrochemical output to $70 billion in the following years, and, to this end, it needs massive investment, transfer of modern technology and marketing,” he noted.
