An opportunity-oriented perspective on the petrochemical industry

The petrochemical industry is a dynamic arena for seizing new opportunities and mitigating threats, whether overt or covert, that impact the economic and industrial structure of our beloved country.

This opportunity-oriented and threat-neutralizing perspective manifests itself in various dimensions and instances. The primary concern in managing the petrochemical industry is the quantitative and qualitative assessment of these opportunities and threats, followed by the adjustment and redefinition of executive, structural, and managerial capacities in alignment with them.

In other words, the management of the petrochemical industry is not shaped in the abstract or based on theoretical paradigms; rather, it places extraordinary importance on calculation, precision, and foresight.

In this regard, we encounter a significant concept known as "preventing the waste of national capital." To address this, the concept of "value engineering" must be emphasized. In a broad definition, value engineering is an intelligent, systematic, and organized approach aimed at delivering the necessary functions of a project at the lowest cost.

This method involves substituting materials and methods with less costly alternatives without compromising performance. Additionally, value engineering examines and analyzes all activities of a project, from its inception through design, execution, and operation, and is recognized as one of the most effective economic approaches in engineering activities. In the petrochemical industry, value engineering has a prominent role.

If the value engineering cycle in the petrochemical industry is completed accurately and calculatedly, we will witness the transformation of certain "costs" into "benefits."

To illustrate this, let us consider a clear example: in some petrochemical industry projects, we face the issue of flare gas burning, and the collection of flare gases has been prioritized as a key objective. This national project, coordinated closely among the employer, contractor, and the South Oilfields Company, is progressing well with a national commitment and approach.

As a strategic initiative, this project holds special significance in this geographical region of the country, both from an environmental perspective and in terms of preventing the waste of valuable energy resources. Therefore, the ultimate goal of all stakeholders in this project is to turn smoke into profit, prevent the squandering of national capital and create value for the country.

Currently, the experts and managers of the Petrochemical Industries Development Management Company are working with all their computational and structural capabilities to not only prevent the waste and loss of valuable energy resources but also to generate profit and revenue for our beloved country through this process. In this regard, there is additional and significant information that will be communicated in detail and concretely in the near future.