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National Iranian Petrochemical Company CEO Expresses Willingness to Cooperate with Saudi Arabia’s SABIC – Investment Opportunities in Iranian Petrochemical Industry

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Ziad Najjar
Ziad Najjar is an Egyptian author who studied business and finance in the United States and has a keen interest in media. He combines his expertise in these fields to create informative and engaging works accessible to a broad audience.

National Iranian Petrochemical Company CEO Expresses Willingness for Cooperation with Major Petrochemical Companies

The CEO of National Iranian Petrochemical Company, Morteza Shah Mirzaei, has expressed Iran’s willingness to cooperate with major petrochemical companies, including Saudi Arabia’s SABIC.

Investment Opportunities in Iranian Petrochemical Industry

During a meeting with Saudi Ambassador to Tehran, Abdullah bin Saud Al-Anazi, Morteza Shah Mirzaei highlighted the favorable and promising investment opportunities in the Iranian petrochemical industry. He expressed Iran’s interest in collaborating with large petrochemical companies such as SABIC.

Potential for Bilateral Cooperation

Shah Mirzaei emphasized that Iran and Saudi Arabia, both significant regional powers with abundant oil and gas resources, can expand their bilateral cooperation in the petrochemical sector. He discussed the potential for cooperation during a meeting with the Saudi minister, who visited the 17th Iranplast exhibition for the second time.

Opportunities in Iranian Petrochemical Projects

Morteza Shah Mirzaei highlighted the excellent opportunities available in the field of knowledge bases, local manufacturers, project implementers, and operators of Iranian petrochemical projects. He mentioned that Iran’s petrochemical industry has achieved valuable milestones and continues to develop. He expressed Iran’s willingness to cooperate and provide these opportunities to major petrochemical companies like SABIC and Saudi Aramco.

Diverse Portfolio of Iranian Petrochemical Products

Shah Mirzaei emphasized that joint Iran-Saudi cooperation could involve a diverse portfolio of Iranian petrochemical products, goods, and equipment used in the industry, manufactured by Iranian companies. He expressed great pleasure in hosting the Saudi Ambassador for the second time at the Iranplast exhibition and highlighted the friendship and alliance between the two countries, stating that cooperation between them knows no boundaries.

Source: Mehr

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