Technology Ecosystem to Help Promote Petrochem Development

Pardis Technology Park, located in east Tehran, has signed an agreement with the National Petrochemical Company to help indigenize its technologies, equipment and materials.
During a meeting at the tech park on Sunday, Deputy Oil Minister and CEO of NPC Behzad Mohammadi signed a deal with Mehdi Saffarinia, Pardis Tech Park's director, to tap into new technologies for optimizing petrochemical production, IRNA reported.
According to the terms of the agreement, the tech park agreed to introduce domestic tech teams that could contribute to the petrochemical industry’s development. 
Saffarinia said this could be accomplished with the assistance of more than 50 private tech players based in all Iranian provinces. 
According to the official, the park's authorities will examine NPC's technological gaps, identify capable tech firms working in the field, evaluate relevant startups and grant credit guarantees to knowledge-based companies for signing localization contracts with NPC and its subsidiaries.