The official issued a decree on Sunday, October 29, appointing Shahdaei, also former-deputy petroleum minister for petrochemical affairs, as his successor, NIPNA reported.

Based on the decree, Reza Norouzzadeh is appointed as the new managing director of NPC.

Zangeneh has called on Norouzzadeh, a former member of the Iranian parliament and managing director of the Social Security Investment Company, to be primarily focused on attraction of foreign resources for funding petrochemical projects.

Attraction of foreign finances for funding petrochemical projects, implementation of the Economic Resilience instructions, realization of the second leap in the country's petrochemical sector, promoting technologies in the industry, accessing foreign markets for exporting petrochemical items, and boosting Iran's petrochemical exports are some of the main areas Zangeneh expects Norouzzadeh to be focused on in his new carrier.