He emphasized that with the utilization of existing feedstock,
petrochemical companies should move towards the development of downstream
industries.
Addressing the audience, Mehrab stated, "The development of the
petrochemical production cycle has high potential for revenue generation and
significant job creation for the country. Petrochemical industries, by
utilizing available feedstock, should pivot towards the development of downstream
industries."
Recognizing the value of petrochemical products and their contribution
to the country's economy, Mehrab asserted that investments in the petrochemical
sector should focus on completing the value chain, preventing raw material
sales, and increasing added value.
He added, "Knowledge-based companies can play a significant role
in achieving these developmental goals in the petrochemical industry."
Governor of Khuzestan continued, stating, "Nearly 73% of the per
capita income in Khuzestan is derived from the oil and petrochemical industry.
In comparison, the employment share is relatively low, and efforts should be
made to alter this ratio."
The remarks from the Khuzestan governor highlight the strategic
importance of the petrochemical industry in Iran, emphasizing its potential to
contribute not only to economic growth but also to job creation and the
development of downstream sectors.