PGPIC Eager to Forge Collaboration With German Petrochemical Companies

The Persian Gulf Petrochemical Industries Company is ready to cooperate with leading German companies in chemical and petrochemical industries, managing director of PGPIC said.
Abdolali Ali-Askari made the statement in a meeting held in Tehran where PGPIC hosted a delegation consisting of President of Federal Association for Economic Development and Foreign Trade Michael Schoon and members of the association, and Iran's Ambassador to Germany Mahmoud Farazandeh, the Oil Ministry’s news agency Shana reported.
Referring to unfair sanctions imposed on Iran since 2018, he said, “Sanctions are a threat to our country but with the efforts of Iranian experts and engineers, it became an opportunity, and today we have thousands of knowledge-based companies dealing with state-of-the-art technology,” he said.
“Until a few years ago, we were dependent on imports in the petrochemical industry, but currently we manufacture about 80% of petrochemical industry equipment and catalysts domestically,” he added.