Feedstock Discount Scheme for Mokran Petrochem Investors

Feedstock Discount Scheme for Mokran Petrochem InvestorsFeedstock Discount Scheme for Mokran Petrochem Investors

The National Petrochemical Company has devised a feedstock discount scheme for investors in the industrial units of Mokran Petrochemical Complex in Chabahar in southern Iran, Negin Mokran Development Petrochemical Company's managing director said.
"Since feedstock price is among the main concerns of investors in petrochemical complexes, three discount packages, each with a discount rate of 10% has been offered for those keen on making investment in Mokran projects," Mohammad Reza Movasaqinia was also quoted as saying by Shana on Sunday.
"The first package will be offered to all Mokran investors as per the government's incentive on establishing industrial units in underdeveloped regions," he said. The outlook also plays a significant role in fulfilling the Oil Ministry's corporate social responsibility toward oil-rich regions, a majority of which need better attention. Movasaqinia added that "the second package will be offered to those investing on second-stage projects that involve expanding the value-added products".


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment