Catalyst Localization Crucial for Completing Petrochem Value Chain

The National Petrochemical Company's short- and long-term goals to raise output cannot be attained unless value chain completion in the lucrative sector is accelerated with the help of local catalysts, managing director of Petrochemical Research and Technology Company said.
“Of the 87 types of catalysts used in the petrochem industry, 60 have been indigenized by PRTC, in collaboration with knowledge-based companies,” ISNA also quoted Majid Daftari as saying.
By the end of the current Iranian year [March 2023], eight more will be localized while the remaining 19 groups are expected to be developed by 2025 when Iran will no longer need to import catalysts, he added.