New chief outlines NPC plans

TEHRAN, Feb. 14 (Shana) – The newly-appointed head of Iran’s National Petrochemical Company (NPC) said maximizing production of petrochemicals by hydrocarbon reserves especially natural gas is the top priority of the company under her leadership.

Marziyeh Shahdaei, the first-ever woman head of the company and deputy petroleum minister in petrochemical affairs, told a ceremony held to bid farewell to the previous head of the company that developing downstream industries in the country and maximizing production of petrochemical products by tapping the country’s massive oil and gas reserves are the company’s chief targets under her presidency.

“Planning to create and develop the required petrochemical infrastructure across the country are top on NPC’s agenda in a bid to materialize the resistive economy requirements,” said the official.

She said facilitating foreign investments in the sector and upgrading the petrochemical industry with the latest technological developments are also minded by NPC.

“NPC is seriously trying to woo leading chemical firms from around the world into Iran for investment and transfer of their technologies and then localize them before promoting the industry,” she said.