Oil
Petrochemical
Iran is planning to indigenize the equipment needed for the manufacturing of downstream petrochemical industries, an industrial official announced.
“Domestic manufacturers are presently able to supply all equipment needed for the development of downstream petrochemical industries,” a member of Board of Directors of Society of Iranian Petroleum Industry Equipment Manufacturers (SIPIEM) Reza Khiamian told reporters on Sunday.
He noted that the domestic suppliers of petrochemical equipment should try to provide relevant parts and equipment with the highest quality timely.
Khiamian called on responsible officials to throw their weights behind Small- and Medium-sized Enterprises (SMEs) for materializing economic objectives of this sector.
He underlined that Iran’s private sector enjoy high capability and potential in manufacturing oil industry equipment.
Large and mega-sized companies in the world support SMEs, but it is a matter of regret to say that SMEs are not supported duly in Iran.
Iran’s Acting Industry, Mining, and Trade Minister Hossein Modares Khiabani said the ministry has it on the agenda to export $41 billion worth of non-oil commodities in the current Iranian calendar year (March 2020-March 2021).
Iranian President Hassan Rouhani inaugurated three energy projects worth $2.14 billion in three provinces via video conference on Thursday, Shana reported.
Nooshin Rahgozar, the commercial attaché of the Belgian embassy in Tehran, says that Pars Special Economic Energy Zone (PSEEZ) enjoys some high potential for investment making, Shana reported.
The first project in the butane chain in Mahshahr will be ready for operation with the aim of commercial production of three important and new items, parallel with planning for realization of the second petrochemical leap in Iran, Shana reported.
Tabas Coal Concentrate Plant, located in South Khorasan Province, was inaugurated on Thursday by Mohammad Baqer Nobakht, the head of Plan and Budget Organization of Iran.
Managing Director of Iranian Investment Petrochemical Group (IIPG) says nearly 44 trillion rials (about $1.04 billion) has been invested to construct four petrochemical parks across the country.