Farnaz Alavi, speaking on the sidelines of the 12th IranPlast Exhibition, said: “We expect that the status of Iran’s petrochemical industry will be preserved given the vast hydrocarbon reserves in the country.”
She said the private sector was widely investing in the industry in Iran, adding by diversifying petrochemical goods, a share in other markets like African and South American ones could be achieved.
She also said that the showcase, which opened on Monday at Tehran’s permanent fairgrounds, was a platform for upstream and downstream industries to meet and present their needs and products.
The showcase will run through September 27.
Pasargad Energy Development Co. (PEDC) is an independent energy company based in Iran. PEDC is an integrated energy company whose activities span the entire value chain including exploration, production, refining, petrochemicals marketing, power generation & renewables as well as new high-tech venture capitalizing. Our headquarter is located in Tehran. PEDC is present across the Iranian continental shelf and international market through its subsidiaries. We create value for our shareholders through active investment, high-level monitoring of our projects, building world-class partnership and managing our risks effectively and making balanced portfolio. Meantime, we contribute to the sustainable development of the energy sector and communities in our country. PEDC’s competitiveness relies upon our values-based performance culture, with a strong commitment to transparency, cooperation and continuous operational improvement. As a wholly owned subsidiary of the Pasargad Financial Group, with Pasargad Bank being a distinctive shareholder, we owe our success to our experience, management knowledge and strong local/international partnerships since 2008. PEDC is committed to maintaining sustainability and being recognized as the strategic partner of choice in Iran’s energy and petrochemical sector.