TEHRAN -- Iran's Deputy Minister of Oil and Director of National Iranian Petrochemical Co.

(NIPC) Ne'matzadeh in a verdict Thursday appointed Saeid Pour-Qassemi as director of Laleh Petrochemical Company.

Public Relations Office of NIPC reported that Laleh is a new joint venture between by a Dutch oil enterprise and Iran's Poushineh Company established in Maroun Petrochemical Complex, in Mahshahr Free Economic Zone.

Laleh mainly produces light polyethylene by processing ethylene with a production capacity of 300,000 tons.