Iran ready to vie Saudi Arabia for petchem industries

Iran ready to vie Saudi Arabia for petchem industries

Iran ready to vie Saudi Arabia for petchem industries

 

 
Managing Director of the National Petrochemical Company (NPC) Marzieh Shah-Daei described policies for development of Iran’s petrochemical industry in the new Iranian year (Began March 20); “the most major goals pursued in this regard include science and technology transfer, attracting foreign investment, completion and implementation of semi-finished petrochemical projects.”
 
Shah-Daei announced that ten new petrochemical complexes will become operational in the current year adding about seven million tons to the country’s production capacity.
 
The official pointed to implementation of a number projects asserting “in time with the operation of ongoing plans, conduction of negotiations with Asian and European investors for absorbing credit and financial resources has been put on the agenda.”

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Headlines in Iranian English-language dailies on April 18

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