TEHRAN (Shana) -- The CEO of the Petrochemical Research and Technology Company (PRTC) announced the company had plans to start construction of a plant for production of 5 catalysts widely consumed in the petrochemical industry.
Ali Pajouhan said, "In the field of catalysts, we have defined a catalyst production document which we are pursuing,” the National Petrochemical Company (NPC) reported.
He said PRTC had identified key catalysts to be developed domestically, saying, "Our focus on catalysts for petrochemical processes includes MTP, MTO, PE, polypropylene, ammonia, methanol and olefin processes, whose productions are planned for the current and next calendar years.”
The Iranian calendar year begins on March 21.
The official further noted that the technologies for developing some of the catalysts had been indigenized and the rest were being worked on.
"I hope that with the continued support of the research sector, it will be possible to commercialize the results of over the next 10 years of research," he went on to add.
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.