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NPC Endorses Protectionism: Official

 NPC Endorses Protectionism: Official

Monday، 31 December 2018 | Article Rating

TEHRAN (Shana) -- An official with the National Petrochemical Company (NPC) said the company was keen on facilitating supply of petrochemical items and equipment from domestic manufacturers.


According to the company, Ghodratollah Farajpour, the director of production control at NPC, said plans were devised by NPC to maximize provision of items and equipment from domestic manufacturers in the petrochemical industry.

He underlined the necessity of supporting domestic producers, saying NPC had taken comprehensive measures in this regard to support Iranian manufacturers.

The official said a list of items needed in the sector was provided and based on the priorities of the sector, items would be supplied.

Farajpour further said that purchasing foreign-made items was banned in the sector if they could be domestically manufactured domestically.

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.​

  • NPC Endorses Protectionism: Official
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