At the opening ceremony of the Petrofan 1403 conference, held under
the theme "Innovation and Knowledge-Based Economy: The Future of the
Petrochemical Industry," Hassan Abbaszadeh highlighted the vital role of
technology and domestic innovation in enhancing the sector.
He emphasized the need for collaboration between petrochemical holding
companies to strengthen the industry and drive growth.
"The petrochemical industry is one of the most important sectors
in the oil value chain, and entering this field requires access to the
necessary technologies," Abbaszadeh said.
He added that the industry, now entering its "middle age,"
faces the challenge of modernization, urging stakeholders to prioritize the
upgrading of processes to maintain its dynamism.
Abbaszadeh also addressed the sector's import-export dynamics, noting
that Iran's petrochemical exports reach approximately $15 billion annually,
while imports amount to around $2 billion.
He revealed that $700 million of the imports are seen as opportunities
for domestic production, particularly within the Persian Gulf Holding.
One of the key challenges in the petrochemical industry, according to
Abbaszadeh, is the lack of access to certain technologies and the
monopolization of specific products. In response, NPC has developed 20
"Value Chain Projects," which will be made available to investors and
knowledge-based companies to expand domestic production capacities and reduce
dependence on imports.
"We have established a new management structure focused on
research, technology, and domestic production," he said. "This
management will identify capable knowledge-based companies and connect them
with petrochemical firms to prevent currency outflows and strengthen local
capabilities."
Abbaszadeh also highlighted the importance of fostering collaboration
among petrochemical holdings. "We view all holdings as interconnected and
aim to enhance cohesion and interaction to optimize the synergies within the
industry."
The Deputy Minister concluded by noting that efforts to promote
collaboration among holding company CEOs would continue, with a focus on
leveraging domestic innovations to ensure the petrochemical sector's continued
success.