NPC Focused on Foreign Investments: Official

NPC Focused on Foreign Investments: Official
Director of planning at Iran's National Petrochemical Company (NPC) says the company is seriously focused on attracting foreign finances to complete the country's under-construction petrochemical projects.

Hamidreza Rostami said NPC's top priority for the time being is activating Iran's petrochemical production capacity which is 60mt/y and then to move on to secondary priorities which are to introduce new investment opportunism in the sector in Iran. 
Addressing an investment conference in Kish Island, Rostami said developing Iran's southern and southeastern coasts as well as developing infrastructures in the regions are being targeted by NPC in the coming years. 

The interested investors may enjoy a 30% discount in feedstock prices if they develop remote, underdeveloped regions of the country, he added. 
Rostami further added that NPC also aims at boosting the country's petrochemical output to 129mt/y by 2020. 


Nov 11, 2015 10:15
Shana |

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The section of oil, gas and petro-chemistry is the up-most and first industrial vantage of the country and the pivot of the Economy of Iran. Regarding the importance of this section and the need for coordinating and organizing the most active people in the field of production and exporting oil ,gas, and petrochemical products ,some forethoughtful and job- makers in the private section of the country decided to come together to fight against the threats by using the opportunity of mass intelligence and potentials.