Bijan Chegeni added customers from Africa, Asia, Europe, and the U.S. have welcomed Iran’s petrochemical products, and now NPC has started to get into the Latin American market as part of the 13th (incumbent) administration’s energy diplomacy, SHANA reported.

He said Iran’s petrochemical industry is turning 60, adding that the country’s presence in various international petrochemical markets shows its economic power.

The petrochemical industry has turned into Iran’s strong point at a time when “our market rivals’ political attitudes and sanctions are aimed at bringing us to our knees”, he noted.

Chegeni, who is also the chairman of the board of directors of Persian Gulf Petrochemical Industries Company (PGPIC), stated, “Despite major restrictions and obstacles, Persian Gulf Holding accounts for 40 percent of the country’s petrochemical sales.”

The manager said, “We have attained self-sufficiency in producing a great number of strategic equipment and catalysts,” concluding that the country has become self-sufficient in acquiring above 90 percent of catalyst technical know-how and producing about 90 percent of catalysts.