Iran Petchem Industry Strategy: Catalyst Production and Export

Iran Petchem Industry Strategy: Catalyst Production and Export
(Wednesday, July 10, 2024) 16:06

TEHRAN (NIPNA) - The Deputy Petroleum Minister and CEO of the National Petrochemical Company (NPC), Morteza Shahmirzaei, outlined Iran's global strategy for developing its petrochemical industry through the production and export of catalysts.

Speaking at the "Technology Transfer and Localization of Refining, Petrochemical, and Gas Industry Catalysts" conference today, Shahmirzaei highlighted significant diplomatic efforts and collaborations over the past two years aimed at technology transfer, localization, and investment in catalyst production.

Shahmirzaei emphasized that the Iranian government’s strategy, particularly under the current administration, has focused on avoiding raw material sales and maximizing the utilization of national resources. “In the oil and gas industries, catalysts are considered the driving force behind operational units, and all petrochemical units require various types of catalysts,” he stated.

Shahmirzaei reported successful technology transfer and localization partnerships, particularly with Russian companies.

"Since March 2022, our negotiations with Russia have yielded results, and over the past year, we exported more than 1,500 tons of catalysts to Russia. Our collaborations with strategic partners and aligned countries are expanding," he said.

Shahmirzaei noted that approximately 9 percent of global catalyst production is attributed to Middle Eastern countries. He asserted that this share should increase through the efforts of capable Iranian companies to enhance Iran’s presence in these markets.

He further emphasized the significant progress of Iran’s petrochemical industry despite sanctions, stating, "Before the revolution, the petrochemical industry had slow growth. However, as a hydrocarbon-rich nation, we should have maximized the use of these resources. Today, despite all sanctions, our production capacity for petrochemical products will exceed 100 million tons by the end of this year with 80 active complexes."

Shahmirzaei concluded by reiterating the critical role of catalysts in advancing the petrochemical sector and the ongoing commitment to enhancing domestic production capabilities.

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