Integration of petchem exports, top NPC priority: Official

TEHRAN, June 07 (Shana) – Marziyeh Shahdaei, deputy petroleum minister in petrochemical affairs, says talks are under way with heads and leaders of Iran’s petrochemical holdings in a push to bring their exports together.

Speaking with Shana, Shahdaei, who is also the managing director of National Petrochemical Company (NPC), said the aim of the talks is to unify exports of petrochemical products so that Iranian items are presented in an integrated manner in international markets.

“Once export of petrochemicals is done in an integrated manner, the exports will be able to devise their strategies and policy making to grasp a stronger toehold in the market,” she said.

The official also said that integration of petrochemical exports allows petrochemical companies to manage their domestic and foreign markets in a way that methanol producers will be grouped together while producers of urea and ammonia will work together and control their markets together.

Iran’s Petrochemical Commercial Company (PCC) has a similar concern and is mulling formation of committee to integrate export of petrochemicals.

PCC Managing Director Mehdi Sharifi Niknafs has said the committee is needed for integrating export of petrochemical products by Iranian producers.

There are 55 Iranian petrochemical companies that export items as 12 holding companies, and this large number of exporters has put Iranians against each other in foreign markets.

PCC has held talks with heads of the holdings for forming the committee to be able to address a part of the issues petrochemical producers face with in foreign markets, he said.

By SHAN