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Marjan Petchem Plant 95% Productive in 1400
TEHRAN (Shana) -- The caretaker of Marjan Petrochemical Company said despite the restrictions on gas feedstock in order to supply domestic gas in winter, the company’s yield was 95% of its nominal capacity in the calendar year of 1400 which ended on March 20.
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HDPE Output of Ilam Petchem Plant Rises
TEHRAN (Shana) -- The CEO of Ilam Petrochemical Company said with the efforts of the young specialists of the company, the capacity of the high density polyethylene (HDPE) unit has reached 44 tons per hour.
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Lordegan Petchem Output Sees Whopping 518% Growth in Q1
TEHRAN (Shana) – The CEO of Lordegan Urea Chemical Fertilizer Company announced breaking a new record in the plant’s output in the first quarter of the current calendar year of 1401, which began on March 21, hitting 518% growth year-on-year.
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Ghadir Petchem Plant Operating at 121% of Nominal Capacity
TEHRAN (Shana) -- The CEO of Ghadir Petrochemical Company announced setting of a new record in the production of the petrochemical plant in the first quarter of the current calendar year, which began on March 21 hitting 121% of the facility’s nameplate capacity.
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60% Rise in Performance Efficiency of Dena Petrochemical Plant
TEHRAN (Shana) -- The progress of Dena Petrochemical project is over 75%, which shows a 60% increase in the company's total productivity in 10 months compared to the same period last year.
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Iran Firms Develops Palladium Catalyst
TEHRAN (Shana) -- The CEO of Shahid Tondgouyan Petrochemical Company announced a 57% increase in the company's net profit in the calendar year of 1400 which ended on March 20, compared to the previous year and the localization of palladium catalysts.
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Petrol to Build Downstream Parks
TEHRAN (Shana) -- The CEO of Petrol announced the construction of two new downstream parks as the company's future plans.
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Arvand Petchem Plant Loads 1st Ethylene Dichloride Shipment
TEHRAN (Shana) -- The caretaker of Arvand Petrochemical Company said the first consignment of ethylene dichloride weighing 5,000 tons has been loaded for export.
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Noori Petchem Plant Operating at 108% of Capacity
TEHRAN (Shana) -- The CEO of Noori Petrochemical Plant said the amount of production in Noori Petrochemical Plant in Ordibehesht (the second month of the Iranian calendar year- April 21 to May 22) reached 108% of its nominal capacity.
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Value Chain to Complete at Abadan Petchem Plant
TEHRAN (Shana) -- The head of Abadan Petrochemical Plant during the visit of the CEO of the National Petrochemical Company to the facility said: “The creation of new units is a process in line with the completion of the value chain of Abadan Petrochemical Plant’s development plans.
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Zagros Petrochemical Fully Productive
TEHRAN (Shana) -- Zagros Petrochemical Company, after emergency repairs of the second unit of this large methanol complex, was put into production with a daily production of 10,000 tons of methanol that is 100% of its capacity.
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Bu Ali Sina Petchem Plant Output, 120% of Capacity
TEHRAN (Shana) -- Production of Bu Ali Sina Petrochemical Company in the first 45 days of the current calendar year, which began on March 21 showed a 16 percent increase year-on-year to a new record of 120 percent of the nominal capacity of the complex.
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Expansion of Petchem Export Markets Urged
TEHRAN (Shana) – The CEO of Iran’s National Petrochemical Company (NPC) on Sunday highlighted the need to expand export markets for petrochemical products as output is growing.
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Iran Petchem Industry Ready to Attract Foreign Investors
TEHRAN (Shana) – The CEO of Iran’s National Petrochemical Company (NPC) announced on Monday that packages are ready to attract foreign investment in Iran’s petrochemical industry.
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NPC CEO: Knowledge-Based Companies Play Major Role in Developing Petrochemical Processes
TEHRAN (Shana) – Iran’s National Petrochemical Company (NPC) managing director on Saturday said knowledge-based companies play a leading role in developing complicated petrochemical processes and creating the added value.
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PGPIC Eyes 20.5 mt Output in 1401
TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company was preparing to supply 20.5 million tons of products by the end of the current calendar year, which began on March 21.
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NPC Eyes Development of Petchem Industry by Relying on Domestic Capabilities
TEHRAN (Shana) -- The CEO of the National Petrochemical Company stressed the need for relying on domestic capabilities for the development of the petrochemical industry, calling for developers to consider national interests in developing the industry.
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MOP Invests $5b in Environmental Projects
TEHRAN (Shana) -- The HSE director general of the Iranian Ministry of Petroleum has said that the ministry has invested about $5 billion in environmental projects, mostly in the field of collecting associated petroleum gas.
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Fund to be created to Finance Petchem Projects
TEHRAN (Shana) -- The investment director of the National Petrochemical Company said a project fund will be created to support petrochemical holdings or projects that need investment.
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PGPIC CEO Invites Brazilian Firms to Iran Petchem Industry
TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said: "Today, PGPIC has 14 projects under construction with a domestic return price of at least 15%, which is a good opportunity for foreign investment, and in this regard we welcome the investment of Brazilian companies."
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Bu Ali Sina Petchem Plant Breaks Production Record
TEHRAN (Shana) -- Production of Bu Ali Sina Petrochemical Company in the calendar year of 1400, which ended on March 20, saw a 32% increase compared to the previous year, and reached 110% of the company’s nameplate capacity to 1,890,000 tons.
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New LDPE Output Record of Bandar Emam Petchem Plant
TEHRAN (Shana) -- The low density polyethylene (LDPE) unit of Bandar Emam Petrochemical Plant broke production record of the item during the calendar year of 1400 which ended on March 20.
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Value-Added, Top Petchem Priority
TEHRAN (Shana) -- By 2040, the annual market demand for petrochemicals and polymer products will be growing by 4.5 percent, while annual demand for petroleum products will be growing by less than 1 percent, indicating the importance of investing in and focusing on this value-added industry.
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NPC CEO Invites Russian Firms to Join Petchem Projects in Iran
TEHRAN (Shana) -- The CEO of the National Petrochemical Company considered the feedstock available for the development of the petrochemical industry in Iran as an important advantage, and said: "I invite Russian companies to exploit this suitable opportunity to invest in the Iranian petrochemical industry."
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Deputy Min. Outlines NPC Plans
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) announced the realization of the production plan of the petrochemical industry for the previous calendar year, which ended on March 20, and said: "The NPC status has become much stronger after privatization and can be more dynamic today than before, provided more precise planning, monitoring and control."
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OPEC+ Agrees to Ramp up Output by 400k bpd in April
TEHRAN (Shana) -- The 23 member states of the Organization of the Petroleum Exporting Countries and its allies, the OPEC+ coalition, agreed at their 26th meeting to increase production by 400,000 barrels per day in April.
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26th OPEC+ Meeting Begins
TEHRAN (Shana) -- The 26th meeting of the oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (a Coalition called OPEC+) began a few minutes ago via videoconference.
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Director Projects at NPC Appointed
TEHRAN (Shana) -- The CEO of the National Petrochemical Company appointed Ahmad Shokri as the director of projects of the company.
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Head of NPC Legal Affairs Appointed
TEHRAN (Shana) -- The CEO of the National Petrochemical Company issued a decree appointing Fatemeh Nateghi as the head of legal affairs of the company.
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Petchem Feedstock to double by 2030
TEHRAN (Shana) -- The CEO of the National Petrochemical Company said feedstock supply to petrochemical plants was planned to more than double from an equivalent of 1.1 million barrels per day to 2.6 mbd by 2030.