CEO: Define and Finalize Development Plans for Mahshahr Phase 2

CEO: Define and Finalize Development Plans for Mahshahr Phase 2
(Wednesday, July 24, 2024) 16:18

Tehran, July 22 (NIPNA) - Deputy Petroleum Minister and CEO of the National Petrochemical Company (NPC), Morteza Shahmirzaei, has urged petrochemical holdings and companies to swiftly define and finalize their development plans for execution in Phase 2 of the Mahshahr Petrochemical Special Economic Zone.

In the annual general assembly of the Petrochemical Special Economic Zone Organization, Shahmirzaei emphasized the importance of this zone in completing the value chain. He highlighted the creation of favorable infrastructure in the Mahshahr Special Economic Zone, suggesting that Phase 2 could significantly transform the petrochemical industry’s development.

Shahmirzaei stressed the need for accelerated efforts in obtaining the necessary permits for the presence of the petrochemical industry in this phase. He noted that the process of acquiring these permits is currently underway and called on petrochemical holdings and companies to promptly finalize their plans for implementation.

Highlighting the importance of mutual interaction within the industry, Shahmirzaei pointed out that the Mahshahr Special Economic Zone offers substantial capacities for completing the value chain. The development of Phase 2 is expected to generate additional value.

During the session, the CEO of the Petrochemical Special Economic Zone Organization presented a report on the organization's performance in the previous year.

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