Addressing the reporters after visiting the exhibition, Mr. Ghanem said that Iran’s achievements in petrochemical industry which have displayed in the exhibition shows that sanctions against the country have been ineffective, adding that unlike expectations, sanctions have had positive results for Iran.

IRAN NEWS ECONOMIC DESK

He went on to say that past sanctions have led to significant progress in Iran’s production and industries.

He also invited Iranian companies which are active in the upstream and downstream petrochemical industry to boost cooperation with Iran.

He reiterated that Syria in interaction with Iran is to meet its needs through cooperation with Iran.

Meanwhile yesterday, the CEO of the National Petrochemical Company (NPC), Behzad Mohammadi, during his visit to the exhibition stressed the necessity of supporting domestic manufacturers and producers.

The NPC CEO also highlighted the need for supporting Iranian manufacturers and industrialists.

He also said that petchm industry in the country receives from Oil Ministry 32m tons of oil equal to 600,000 barrels annually as feed for the industry.

He went on to say that by the third leap in industry in 2020, the amount of annual feeding for the petrochemical industry in the country will reach 1.7m barrels and it will be genuine passage from crude oil sale.

Mohammadi also noted that every one ton of petrochemical product creates 1,000 jobs and currently the capacity of petrochemical production is around 66m tons and almost 108,000 people are involved in it.

He went on to say that statistics for occupation in the downstream of petrochemical industry is amazing, for production and delivery of every ton of petrochemical product t to the downstream there are almost 170,000 jobs.

During a visit to machine-makers’ hall at Iran Plast International Exhibition on Tuesday, Mohammadi met with the directors of the companies that are running stands in the 4-day showcase.

He also learned about their latest achievements in the plastics industry.

The 13th Iran Plast international exhibition began on Sunday, September 22 and wrapped up yesterday 25 at Tehran’s permanent fairgrounds.

The event was inaugurated on Sunday in the presence of Iranian Oil Minister Bijan Zangeneh, CEO of the National Petrochemical Company (NPC) Mr. Mohammadi and a number of senior energy and petrochemical officials.

Themed at “Global Businesses,” the fair was aimed at facilitating production and marketing processes in the plastic industry of the country and bolstering presence of Iranian brands on international markets.

570 domestic and 35 foreign exhibitors ran stand at the exhibit this year.

Moreover, 12 delegations from 10 countries visited the fair this year.

The delegations came from such countries as Iraq, Afghanistan, Turkey, Azerbaijan, Pakistan, Vietnam, Armenia, Kenya, India, and Tunisia.