In the year of 2001 IDRO and NPC companies joint to establish a company named Petrochemical Down Stream Industries Development and this company have started working from 2001. This company presents technical activities such as provision of license and technology for oil, gas and chemical and petrochemical down streams industries related to the aim of local and foreign investments.


Iran possesses 10 percent of oil and gas reservoirs in the world. Natural facilities, specific political geography, young graduated people and inventive and vast executive facilities are the benefits of investment in Iran. Sharp rise of population, demand for new markets, oil price fluctuations and economic competitions can fluctuate state economy severely and it will not compensate. It is compulsory to discard from sale of oil and gas and attend to conversion of oil and gas to petrochemical downstream products which have extra high value added. It is inevitable to use downstream products in colossal economic programming.
Being informed of sensitive role of downstream industries of oil and gas in foreign incomes that belongs for private investment forces, IDRO and NPC to investigate downstream products to use feedstocks of complexes and refineries and financial facilities for investment in downstream industries. To achieve this target IDRO and NPC established Petrochemical Downstream Industries Development Company with the share of 53 and 47 percent and started as a consultant from 2001 to present technical activities such as provision of license and technology for chemical industries and oil, gas and petrochemical down streams and industries related to the aim of local and foreign investments.


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