News ID: 303072
Published: 0224 GMT May 15, 2021

NPC after diversification of petchem products: CEO

NPC after diversification of petchem products: CEO

The National Petrochemical Company is seriously pursuing a plan for diversifying the product basket of the country’s petrochemical industry by implementing new projects in the downstream sector, said the NPC managing director.

The targets of petrochemical industry is changing with the implementation of downstream petrochemical projects and the diversification of the product portfolio,” Shana quoted Behzad Mohammadi as saying.

The official said one of the NPCs long-term goals for sustainable and smart development of the industry is the implementation of downstream projects based on the countrys basic feedstocks.

He also emphasized that implementing petrochemical projects with the aim of completing the industrys value chain is currently the most important goal of the NPC and all the companys current programs have been outlined to achieve it.

The official underlined the increase in the countrys propylene production as one of the NPC major goals for sustainable and smart development of the petrochemical industry in the long run and said: An important goal in planning new petrochemical projects is to meet the industry's annual need for three million tons of propylene.”

   
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