May 24, 2024 18:07

NPC Backs Private Investors: CEO

NPC Backs Private Investors: CEO
The managing director of Iran’s National Petrochemical Company (NPC) voiced the company’s support for private investors in petrochemical projects across the country.

Reza Norouz-zadeh told NIPNA that the company would support private investors that participate in development projects of the petrochemical industry.

Iran has heavily banked on development of its petrochemical sector for ensuring its economic progress under the 6th national development plan to 2022, said the official.

He said the country enjoys unparalleled advantages for developing the sector, expressing optimism that the production capacity of the sector increases as planned.

Iran currently enjoys over 65 million tons of annual petrochemical production capacity which is planned to more than double once NPC’s projects come on-stream in the coming years. 

Feb 6, 2018 16:48
Nipna |
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