Peydamco (Petrochemical Industries and Refining Company) has started its collaboration with the Vice Presidency for Science and Technology with the aim of strengthening domestic capabilities and reducing technological dependency on foreign equipment. This collaboration is aimed at utilizing the capacities of knowledge-based companies to meet the needs of the petrochemical industry.
Meeting to Review Localization of Petrochemical Equipment
To this end, a meeting was held with the presence of Afshin, the Vice President for Science and Technology, and Hamidreza Hoshyari, the CEO of Peydamco. This meeting focused on identifying bottleneck equipment, developing first-time manufacturing projects, localizing rotating equipment, and developing related digital systems. Other topics included utilizing the capacities of the Knowledge-Based Production Leap Law, research and development tax credits, and supporting domestic manufacturers.
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Establishment of a Specialized Hub for Technology Management
As part of this collaboration, planning for the establishment of a "Specialized Hub for Technology Management, Localization, and First-Time Manufacturing of Bottleneck Equipment in the Petrochemical Industry" has been put on the agenda, focusing on Peydamco and the Vice Presidency for Science and Technology. This hub aims to create an organized connection between the engineering needs of petrochemical projects and the capabilities of knowledge-based companies to facilitate industrial testing and provide a pathway for domestic products to enter the supply chain of national projects.
This approach can help increase domestic manufacturing depth and reduce dependency on foreign equipment by turning engineering challenges into opportunities for technology development. Furthermore, this joint collaboration is expected to pave the way for broader participation of knowledge-based companies in industrial projects and the development of the market for domestic technological products.
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