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Iran's first international annual plastics and rubber trade show (Iran Plast 2002) opened
on Tuesday 10 December 2002 and ran through Saturday. The five-day event, held at Tehran
International Fair Ground, drew 240 domestic and 70 foreign exhibitors. The next year event,
which is expected to attract more exhibitors, will be held in December 2003.

Speaking at the opening ceremony of Iran Plast 2002, the Iranian First Vice President HE Dr. Aref told
participants that developing petrochemical industry is of paramount importance to Iran's economy. Excerpts:
Among our industries, petrochemical sector is enjoying favorable advantages in terms of state-of-the-art technology,
skilled and qualified manpower as well as efficient management. For these reasons, the development programs in this
industry are of paramount importance to us. Iran's petrochemical sector together with its downstream industries, is
an obvious choice for generating value added from raw material and developing into a major component of our exports.
Natural gas and oil by-products are major petrochemical feedstocks which are abundantly available in our country
constituting the cornerstones of the development of the Iranian petrochemical sector. It is expected that with
the completion of the underway projects, Iran's petrochemical output capacity grows substantially at the end of the
Third Plan. Availability of advantages such as skilled workforce and advanced technologies enable us to emerge as
a powerful competitor in the international petrochemical markets. Debate over structural reforms was one of the
major approaches and objectives of the Third Development Plan. Our most important target is to make the structure
of the government and its related organizations more efficient. In this process, Petroleum Ministry and its
affiliates, including the National Petrochemical Company have indisputable capabilities. Transferring and
distributing responsibilities and activities to the private sector and, at the same time, promoting the sector to
invest in petrochemical industry and its up and downstream are among our important approaches. The government
should also facilitate things so that businesses, and the private sector in general, can proceed faster and more
smoothly. Given this approach, and taking into account the facts that petrochemical industry compared to other
sectors in our country enjoys a faster pace of growth, and that demand for petrochemical products worldwide is on
the rise, investment in this industry is lucrative. The Third Five-Year Development Plan has paid special attention
to the issue of investment. In this respect, a law regarding the promotion and attraction of foreign investment has recently
been endorsed. In line with this policy, the fourth-Five Year Development Plan is similarly expected to pay special attention
to this issue. Locally available capabilities in areas such as engineering, erection and construction in various fields
including petrochemicals point to the creativity of Iranian skilled workforce. Skilled workforce is also a major factor in
increasing engineering and technical services and at the same time in expansion of non-oil exports. These two invaluable assets,
skilled workforce and underground resources plus the government's attention to utilize the resources effectively, improve the
prospect for foreign investment even further.


Iranian Petroleum Minister, Bijan Namdar Zanganeh told the opening ceremony of Iran Plast Exhibition that the ministry was resolve
to pave the grounds for the petrochemical industry to grow spelling the growth of value added, promotion of know-how and increase
of national income and non-oil exports. He said NPC is currently implementing twenty large and medium scale projects in different
parts of Iran with an investment of some $10bn adding that NPC welcomed the participation of foreign investors and local private sector
in its projects. Elsewhere, Zanganeh voiced his ministry's full support and assistance for the development of downstream petrochemical
industries. He also said that the Iranian cabinet ministers endorsed a plan to study the transfer of ethane or ethylene from Iran's
southern region to northern parts providing the required feedstock for private sector's investment in olefinic facilities in
these parts.


During Iran Plast 2002 opening ceremonies, NPC President said Iran would up its annual polymer capacity from 970,000 tonnes/year
to 5.3 million tonnes/year by 2005. He said by then NPC would produce 2.9mn tonnes/year of polyethylene, 990,000 tonnes/year of
polypropylene, 930,000 tonnes/year of polyesters, 225,000 tonnes/year of PVC, 70,000 tonnes/year of ABS, 25,000 tonnes/year of
polycarbonate, 10,000 tonnes/year of epoxy resins and 23,000 tonnes/year of crystal melamine. In addition to these capacities,
an olefin plant in Ilam province and a PVC facility with a combined capacity of 600,000 tonnes/year of polymer output are currently
at bidding stage.


A survey conducted during Iran Plast 2002 Exhibition indicated that attendees sought information on how polymers and processing operations
can be improved with new equipment and technology. More than 39% of those questioned said they went to the show to gain more familiarity
with the processing field. Almost 20% stated they wanted more information about marketing plastic products, while 13% were interested in
purchasing what they saw at the show. An overwhelming number of respondents, about 86% of them, would like the plastics exhibition to
be convened annually. Of those surveyed, 51% have bachelor's degrees and 27% high school diplomas. More than 65% said their education was
directly related to plastics and rubber fields.

The start of the beginning
A survey conducted during the 1st Iran Plast Exhibition found that an overwhelming number of
repondents,about 86% of them,chose Iran Plast Exhibition to be held annually.On the last day of the Exhibition,NPC
announced that it would hold the event once every year.





An industry of paramount importance
With the completion of its underway projects, petrochemical output capacity grows
substantially by 2005 evolving as a major component of Iran's exports.
M.R.Nematzadeh personally depicts the industry's prospect for dignitaries at the Iran
Plast 2002 including First Vice- President Dr.Aref,Petroleum Minister,Bijan Namdar Zanganeh
and Members of Parliament(Majlis).





Venue for exchanging ideas and expanding cooperation
The Exhibition hosts guests and participants from the four corners of the world .Many high -ranking
participants hold talks with NPC officials to seek ways of boosting bilateral ties and cooperation.



Eagerness to follow NPC developments
Media reporters interview NPC President M.R.Nematzadeh. As public awareness grows over petrochemical
industry and its role in the country's economy,reporters provide feed to satiate the curiosity of the general
public.



Teamwork excellence
NPC personnel involved in organizing Iran Plast 2002 pose for a picture as the event draws to
its close .They work hard for the success of the event and were rewarded by its excellence.
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