Petchem feedstock prices to be finalized

TEHRAN Dec 28 (Shana): The price of feedstock for petrochemical plants will be announced soon, managing-director of National Petrochemical Company said.

Abbas She’ri Moqaddam said the new prices will take effect next calendar year which starts on March 21, 2014.

“Petroleum Ministry and NPC are in final talks with MPs and private entities. The feedstock prices will be finalized in the coming days,” he said.

“The necessary frameworks and requirements for new pricing of feedstock have been defined,” he added.


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