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As development activities continue unabated in the Iranian upstream petrochemical industry, it has become increasingly necessary to formulate a comprehensive program to support downstream sectors which cover a wide spectrum of small and medium industries in a bid to expand output of petrochemical chain thus stimulating further economic development.
In line with this objective, NPC has established the "Petrochemical Downstream Department" to support the industries by guiding, assisting, supporting and attracting potential investors. The department carries out its activities in collaboration with other respective bodies, utilizing the expertise and capabilities of respective scientific, research and consultancy institutions. It aims to stimulate further investment in the industries by attracting local and foreign investors as well as Iranian expatriates. The department is part of the NPC's organization acting within the framework of decisions made by the NPC's board of directors and its president. Its principal activities are to concentrate on providing investors in the downstream petrochemical sectors with necessary guidance, consultancy and assistance. It also provides downstream sectors and investors with required information.
To ensure that these goals are met, it performs the following activities:

  • Providing a list of prioritized products or production lines with special prominence given to locally available feedstock.

  • Furnishing the description of services and a model contract for feasibility studies

  • Entering into contracts with qualified local and foreign engineering consultancy companies for carrying out feasibility studies for the designed projects

  • Making feasibility studies available to interested investors.

  • Supplying information and answers to technical, economic, financial and marketing inquiries

  • Creating and expanding a data bank containing information sought by the investors and the downstream industries projects and plants

    All these services are offered free of charge.
    Some of the department's objectives are as follows:

  • Studying, evaluating and selecting appropriate small and medium scale projects for the investment of the private sector in petrochemical downstream industries

  • Conducting feasibility studies for selected projects making use of the technical expertise and capabilities of both local and foreign engineering companies. Viable projects will be offered to respective applicants and investors

  • Giving assistance for the provision of local and foreign hard currency required for implementing projects through Hard Currency Reserve Fund and loans from domestic and foreign banks as well as other credit institutions.

  • Providing assistance and support to companies responsible for implementing the projects helping them to remove potential problems

  • Technical cooperation with implementing companies from the beginning of the project to commissioning and operation

  • Supplying the required technical, economic, financial and marketing information to applicants

  • Identifying latent and semi-active downstream petrochemical projects with the collaboration of Ministry of Industries and Mines to help solve their problems

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