Iran's SIPIEM Localizes Strategic Petchem Equipment

A member of the Society of Iranian Petroleum Industries Equipment Manufacturers (SIPIEM) said Iranian manufacturers had successfully localized building of compressors and extruders in the petrochemical industry.

Hossein Khatibi told reporters a halt in production of petrochemical plants has been was imminent because of the sanctions imposed on import of compressors and their parts to Iran, saying the SIPIEM had developed the savvy to produce spare parts for the compressors.

“Compressors are the heart of production in petrochemical plants. Foreign companies, because of the sanctions, refused to provide related services or supply their spare parts. However, now, besides offering all the services, we have achieved the technical knowhow of manufacturing the spare parts,” he said.

He said currently all the services related to petrochemical compressors are being provided by domestic companies, adding supplying items on foreign markets is also considered by the companies. Khatibi further said that extruders needed in the petrochemical industry were also localized, adding the items are regarded as strategic equipment in polymer units which can be supplied locally. - Shana