Iran no longer after sole acquisition of petchem knowhow: Official

“We are after indigenizing the technology acquired for our petrochemical industries, and we are not at all looking for to solely acquire foreign technologies,” Qanbari said.

He said that to do this the Iranian petrochemical companies have entered talks and signed memorandums of understanding with international petrochemical research companies in other countries, including Germany, France, Italy and Norway.

“We hope to acquire and indigenize the technology to develop the catalysts we need for the industry and to improve procedures,” he said.

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