The worth chain of petrochemical merchandise will likely be accomplished within the subsequent 7 years

Akbar Aziz

World Courant

In keeping with IRNA, from the Ministry of Oil, Morteza Shahmirzaei, on the opening ceremony of the sixth Center East Pharmex Worldwide Exhibition, said: Balanced improvement of the trade via the completion of the worth chain is among the methods of the Iranian petrochemical trade.

Stating that the chain of petrochemical merchandise will likely be accomplished within the subsequent seven years, he reminded: the coverage of the Ministry of Oil, according to the emphasis of the Supreme Chief, to forestall crude and semi-crude gross sales of merchandise, is to finish the worth chain within the petrochemical trade, primarily based on which its complete doc It has been ready and communicated.

Referring to the greater than 6 many years of exercise of the petrochemical trade in Iran, the Deputy Minister of Oil for Petrochemical Affairs added: Presently, the manufacturing capability of Iran’s petrochemical trade has exceeded 95 million tons per 12 months with a various portfolio of merchandise.

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Stating that this trade is the primary disciple of the nation’s non-petroleum merchandise export basket, Shahmirzaei introduced: With the official operation of 6 petrochemical initiatives final week and the plan to open 15 extra initiatives by the tip of this 12 months, the overall manufacturing capability of the petrochemical trade will attain 100 million tons yearly. .

He thought of the availability of sustainable feed to the petrochemical trade so as to resolve the prevailing imbalance as one of many methods to completely understand the manufacturing plan within the petrochemical trade and added: power consumption administration and optimum use of accessible assets will resolve a part of the prevailing imbalance in order that extra feed is obtainable to the trade. .

Supplying greater than 70% of the uncooked supplies of the pharmaceutical trade within the petrochemical trade

Underscoring that Iran has turn into one of many hubs for the manufacturing of primary supplies and petrochemicals, the Deputy Minister of Oil and Petrochemical Affairs stated: “Presently, one of many successes of the petrochemical trade is supplying greater than 70-80% of the uncooked supplies of the nation’s pharmaceutical trade.”

Shahmirzaei said: If we will join the drug provide chain from primary supplies and petrochemicals to efficient pharmaceutical supplies by producing intermediates, we now have taken a giant step in drug self-sufficiency within the nation.

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Whereas inviting corporations and activists within the subject of well being to put money into the petrochemical trade, he stated: to finish the chain and meet the wants of the healthcare sector, any funding in petrochemical initiatives can result in the creation of extra added worth.


The worth chain of petrochemical merchandise will likely be accomplished within the subsequent 7 years

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