National Iranian Petrochemical Company | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-01-16

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/National_Petrochemical_Company


00:01:30 1 History
00:05:44 2 Main activities
00:07:28 2.1 Main products
00:08:53 3 Expansion of the petrochemical industry
00:12:07 3.1 Research and development
00:14:02 4 Privatization
00:15:16 4.1 Feedstock price
00:16:28 5 NPC affiliate companies
00:16:55 6 Foreign investment
00:17:55 6.1 Special industrial economic zones
00:19:08 7 Petrochemical Exporting Countries Forum (PECF)
00:19:50 8 See also



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SUMMARY
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The National Petrochemical Company (NPC) (Persian: شرکت ملی صنایع پتروشیمی‎), a subsidiary to the Iranian Petroleum Ministry, is owned by the government of the Islamic Republic of Iran. It is responsible for the development and operation of the country's petrochemical sector. Founded in 1964, NPC began its activities by operating a small fertilizer plant in Shiraz. Today, NPC is the second largest producer and exporter of petrochemicals in the Middle East. Over these years, it has not only expanded the range and volume of its products, but it has also taken steps in areas such as R&D to achieve more self-sufficiency.
Two special economic zones on the northern coast of the Persian Gulf have been developed to be home to the NPC’s new project. These two zones enjoy a good access to feedstock, infrastructural facilities, local and international markets and skilled manpower. Despite pressure being exerted on the Islamic Republic over its nuclear program, Tehran expects to see a surge in petrochemical exports from $5.5 billion in 2007 to a total of nearly $9 billion in 2008. The Fourth Five-Year Plan (2005–10) calls for a fourfold expansion of petrochemical output, to 56 million tons per year.