Foreign investment proposal of 2.5 billion dollars in Iran’s petrochemical industry/ monthly opening of a petrochemical project in 1402

According to the economic reporter of Fari news agency, Morteza Shahmirzaei, the CEO of the National Petrochemical Industries Company, stated in a press conference on the topic of the 14th International Conference of the Iranian Petrochemical Industry: This year, like last year, the base exchange rate for the supply of petrochemical products in the commodity exchange is considered equal to 28,500 Tomans. Is.

He added: Our effort and the specialized committee of petrochemicals is to be stable in the supply of products and to support the producers.

Shahmirzaei continued: Creating stability in the market makes the industrial units clear about their duty to receive the raw material. We are also trying to ensure that the amount of supply exceeds the needs of industries.

The CEO of the National Petrochemical Industries Company emphasized: Of course, the stock market is a market of supply and demand, and if competition is formed, the price will also increase. If the parliament changes the feed rate of petrochemicals, we will act accordingly.

He added: Currently, more than 25% of Iran’s petrochemical industry is dependent on foreign equipment, and our dependence is on high-tech products.

Shahmirzaei said: Many negotiations have been done with domestic manufacturers to eliminate this level of dependence, and the localization of compressors, pumps and other rotating equipment is on the agenda.

The CEO of the National Petrochemical Company added: “The comprehensive catalyst document has been finalized and with the efforts of the Research and Technology Company, all the catalysts required by the country will be localized by the end of the 13th government.” Last year, we localized some catalysts and became an exporter of catalysts.

He said: The neighboring countries have many requests to invest in Iran in order to build petrochemical and petrochemical hubs in Makran and Jask. For example, one of the countries has put an investment proposal of 2.5 billion dollars on the table. Unfortunately, due to sanctions, we cannot provide more details.

Shahmirzaei said: The relative advantage of Iran’s petrochemical industry is the stable supply of feed, but unfortunately, due to the high consumption of the household sector, we have faced limitations in the supply of feed to the units in the past years. We should not have increased the country’s dependence on gas to this extent.

The CEO of the National Petrochemical Industry Company said: One of our solutions for sustainable supply of food is the investment of petrochemicals in NGL projects such as NGL3200 and gas collection along the West and East Karun so that they can supply the gas they need and no longer face restrictions in the cold months. don’t be

He said: In the arrangement of new projects, we have tried to develop units whose feed is liquid, not gas; So that such problems in the supply of feed do not deepen in the future.

Shahmirzaei continued: Most of the complexes that are ready for operation this year include projects to complete the value chain. For example, Artaenergy project of Ardabil completes the product chain from zero to one hundred and converts gas into methanol derivatives.

The CEO of the National Petrochemical Industry Company said: Petrochemical industry supplies raw materials for complementary industries, and we set the base price exchange rate at 28,500 tomans to support the production of these industries.

He emphasized: Last year, about 16 billion dollars worth of petrochemical products were exported, of which 14 billion dollars were sold in the Nima system, and 2 billion dollars were spent on foreign exchange expenses of petrochemical companies to buy equipment and so on.

Shah Mirzaei said: This year’s program includes ten plans for the petrochemical industry, and we are determined to put these ten plans into operation and production this year, and the plans will be prepared from this month. The deputy minister said: “We will have an average opening for the petrochemical industry every month, so hopefully it will be a good year for the petrochemical industry.”

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