Home / Knowledge / News / Textiles / Iran plans to develop Lavan, Qesham as petrochem hubs
Iran plans to develop Lavan, Qesham as petrochem hubs
01
Aug '13
The National Petrochemical Company (NPC) plans to transform Lavan and Qesham Islands into petrochemical refinery hubs, Shana news agency reported quoting Director of Planning and Development NPC Ramezan Owladi.
 
Owing to its high value-addition potential, establishment of new petrochemical refineries is one of the main focus areas of the third phase of the sixth Five Year Development Plan. The two islands can play a significant role in facilitating development of the sector, due to their proximity to the sites providing feedstock, he added.
 
Referring to the upward integration trend in petrochemical refineries and its activities, Mr. Owladi said the two islands are capable of facilitating production of valuable petrochemical products that can help in completing the value chain and earning diversity in petrochemical products. 
 
Also, it can help in saving cost of manufacturing, investment and transportation and can also ease emission management and cut water wastage.
 
Earlier, Director of Production at NPC Ali Mohammad Bossaghzadeh said backed by national strategy, more and more petrochemical producers or processors are showing interest in procuring domestically produced parts or gaining self-sufficiency in their production.
 
The Self-Sufficiency Committee of NPC is actively working to increase domestic production of such parts and equipments, which has now grown to 70 percent.
 
The petrochemical industry has a potential to boost Iran’s national economy, while self-reliance in production of parts and equipments for the industry can help the petrochemical industry achieve its targets and improve product quality, and also facilitate technology transfer and knowledge sharing.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X