Iran plans to develop Lavan, Qesham as petrochem hubs

01 Aug '13

2 min read

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.

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