TEHRAN (NIPNA) — A senior petrochemical official said the administration supports domestic manufacturers of petroleum items and they are key developing petroleum and petrochemical industries.

Ali Mohammad Goudarzi, an advisor to deputy petroleum minister in petrochemical affairs, said the ministries of petroleum and industry, mine and trade support domestic manufacturers in line with the policies of Resistive Economy. (more…)

Managing Director of Bakhtar Petrochemical Company said 5 of the company’s subsidiaries are about to come online to generate jobs for 5,600 individuals.

Speaking on the sidelines of a ceremony to open Lorestan Petrochemical Plant, DavaoudRabbani said the plants are financed by private entities and built along the West Ethylene Pipeline project.  (more…)