Petrochem Reintegration Key to Enhancing Market Position

Petrochem Reintegration Key  to Enhancing Market PositionPetrochem Reintegration Key  to Enhancing Market Position
NPC aims to launch 52 plans to become the biggest petrochemical producer of the region by 2026

Should the government seek to revive the petrochemical industry and boost its position in the global arena, it needs to consider reintegrating the key sector, an energy expert said. "An important ingredient for success in the petrochemical sector is a renewed focus on cohesion, this time enhanced by bringing back the national brand like National Petrochemical Company," Hamidreza Shokouhi also told NIPNA on Wednesday. Referring to the unrivaled potential of Iran for investment and growth in the petrochemical sector, he said that prior to the privatization of the sector in the 2000s, Iran had a key role in the sale of petrochemical products in the global markets.


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