Indigenization of Catalysts Will Hasten Petrochem Value Chain Completion

To help accelerate value chain completion in the petrochemical sector, the National Petrochemical Company is determined to indigenize all major catalysts used in the industry by 2024, managing director of the firm said.
“Experts of Petrochemical Research and Technology Company (PRTC), in collaboration with knowledge-based companies, have launched efforts to meet the needs of petrochemical plants by localizing main catalysts, which will speed up the completion of value chain in the lucrative sector,” Morteza Shah-Mirzaei was also quoted as saying by IRNA.
“Of the 40 types of catalysts used in the industry, 28 have been indigenized and 12 more will be localized by the end of the current Iranian year [March 2023],” he said.
“Iran will no longer need to import the main catalysts used in the petrochemical industry by 2024.”