{"id":8906,"date":"2023-11-30T12:11:54","date_gmt":"2023-11-30T12:11:54","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=8906"},"modified":"2023-11-30T12:11:54","modified_gmt":"2023-11-30T12:11:54","slug":"over-80-of-equipment-used-in-iran-petchem-projects-homegrown-npc-chief","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/8906\/","title":{"rendered":"Over 80% of equipment used in Iran petchem projects homegrown: NPC chief"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0More than 80 percent of equipment and products used in Iran\u2019s petrochemical projects are supplied by domestic companies, said the National Petrochemical Company (NPC) managing director on Wednesday.<\/p>\n

Morteza Shahmirzaei added some 15 products and equipment have been manufactured by Iranian knowledge-based companies under the 13th administration.<\/p>\n

The incumbent government has invested around $10 billion to provide petrochemical products and equipment, said the NPC CEO, explaining about $8 billion of the investment were funded by domestic companies and some of domestically-developed products were earlier imported.<\/p>\n

The deputy oil minister described domestic companies\u2019 expertise as \u201cvery appropriate\u201d, adding Iranian manufacturers are rendering services to neighboring and Southeast Asian states.<\/p>\n

According to Shahmirzaei, nine Iranian manufacturers are among wholesale exporters.<\/p>\n

Touching upon the government\u2019s strategies for the petrochemical sector, he said NPC has given first priority to completing the value chain, supporting knowledge-based firms, and making equipment and catalysts locally.<\/p>\n

The 13th administration has put great emphasis on making maximum use of domestic petrochemical know-how and the installed production capacity, Shahmirzaei concluded.<\/p>\n

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