Iran petrochem industry joins hands with European firms

Iran petrochem industry joins hands with European firms

Esmaeil Ghanbari maintained that negotiations held with a number of prestigious research companies from Germany, France, Italy and Norway for cooperation on joint research projects on developing catalysts and improving processes, have so far led to the signing of several agreements for a time period of one year.

He stressed that Petrochemical Research & Technology Co. by no means seeks importing of technical knowledge, adding “our policy has always been in line with obtaining technology with a domestic approach.”

Noting that there will be no participation from any foreign company for production of catalysts, he said “the time of sanctions taught us a lot, and now we have reached a stage where we no longer need to import technology, rather we are looking for joint transfer of knowledge on the international scene.”

He expressed hope that catalysts needed for the country’s petrochemical industry would receive the desired support for being produced with the use of indigenous knowledge.

Iran's petrochemical industry production capacity is currently at 63 million tons per year and is expected to reach over 120 million tons by the end of the sixth development plan. 

Source:Mehr