"Plans have been made to commercialize a number of catalysts and base chemical products by the yearend," Ali Pajouhan was also quoted as saying by NIPNA, the National Petrochemical Company's news agency.
According to the official, the venture to produce ammonium and methanol synthesis catalysts has been completed and PRTC is planning to commercialize them.
The process to fabricate polypropylene catalysts has started and is expected to become complete by March 2019, according to Financial Tribune.
"Talks are underway with Shazand Petrochemical Company in Markazi Province to sign a deal for commercializing SAC500 catalyst to produce heavy polyethylene grades," Pajouhan said, adding that the contract will take effect in six months as it entails doing a wide range of tests in different phases.
On finalizing an agreement with France's Air Liquide Engineering, he noted that technical proposals and much-needed licenses to convert methanol to propylene have been delivered to the National Petrochemical Company and negotiations are being held to carry out the venture in the near future.
"Air Liquide Engineering is expected to inform NPC about the details of its collaboration in the coming week," he said.
The French firm secured an agreement with NPC in Germany on March to transfer state-of-the-art technology and grant much-needed licenses.
"PRTC has launched a pilot polypropylene production unit with a limited output of 120,000 tons per annum," he said, noting that plans are in place to raise production at the complex to 500,000 tons per year in cooperation with energy majors, namely Air Liquide.
"Infrastructures are available at PRTC," he said, noting that relying on domestic researchers' experience will help the firm not only create jobs but also indigenize advanced know-how.