Petrochemical
-
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.
-
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.
-
Pars Region Petchem Plants Earmark Rls. 3,200b in CSR
TEHRAN (Shana) -- The head of the strategic council of petrochemical companies in the Pars region said the investment of this council in the field of social responsibility will increase to 3,200 billion Iranian rials during the next calendar year which starts on March 21.
-
Bandar Imam Petchem Plant Localizes 12,000 Items
TEHRAN (Shana) – Bandar Imam Petrochemical Plant has successfully localized manufacturing of 12,000 items and parts as well as 2,350 mechanical fluids besides inking 8 memoranda of understanding (MoUs) with knowledge-based companies.
-
Arvand Petchem Plant Unveils Iranian Decanter Centrifuge
TEHRAN (Shana) -- The Iran-made decanter centrifuge of the suspension PVC unit, which was designed and built for the first time in the country by the order of Arvand Petrochemical Company, was unveiled in the presence of the Vice President for Economic Affairs.
-
200 Items Localized at Noori Petroch Plant
TEHRAN (Shana) -- The head of Noori Petrochemical Complex said over 80% of the catalysts and chemicals used in the plant are supplied domestically, adding that over 200 new items have so far been localized in the facility since the beginning of the current Iranian calendar year which began on March 21.
-
Petchem Deals worth Rls.150t Signed with Local Firms
TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said 200 memoranda of understanding (MoUs) valued at a total of 150,000 billion Iranian rials have been signed between PGPIC subsidiaries and local manufacturers.
-
Petchem Firms Supplying $250m to Nima System Weekly
TEHRAN (Shana) -- The Secretary General of the Petrochemical Industry Employers' Association announced an 8.5% growth in production and 8% in exports of petrochemicals year-on-year, saying: "Currently, $250 million of hard currency is being injected into the Nima system by petrochemical companies every week."
-
Karoon Petchem Plant Eyes 35 Items in Production Basket
TEHRAN (Shana) -- The CEO of Karoon Petrochemical Company said: "Today, 17 products are being produced in this complex, and there is a capacity to increase the variety of products to 35."
-
2001C Bu Ali Sina Petchem Reservoir Commissioned
TEHRAN (Shana) -- The 2001C tank of Bu Ali Sina Petrochemical Company, which was destroyed in a fire in 2016, was put into operation in a ceremony attended by the CEO of the Persian Gulf Petrochemical Industries Company (PGPIC).
-
Iran to Double Petchem Output by 2032
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) announced that the production capacity of Iran's petrochemical output will more than double by 2032.
-
Iran eyes $14b Petchem Revenue
TEHRAN (Shana) – The Deputy Minister of Petroleum for Petrochemical Affairs announced the supply of 12.5 billion dollars from the export of petrochemical products to the Nima system by the end of the current calendar year, which began on March 21, and said: "Export revenue is expected to reach 14 billion dollars by the end of the year in the petrochemical industry.”
-
$500m AGP Collection Deals Signed in East Karoon
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said $500 million worth of contracts have so far been signed for collection of associated petroleum gas (APG) for the fields located in the East Karoon region.
-
Iran Plast held with Exhibitors from 5 Continents despite Bans
TEHRAN (Shana) -- The director of Iran Plast International Exhibition said: "The 15th edition of this exhibition is being held despite the oppressive sanctions against Iran's oil industry, in the presence of a large number of companies, traders and representatives of foreign countries from five continents."
-
Iran Eyes 200 mt/y Petchem Output by 2032
TEHRAN (Shana) -- The Deputy Minister of Petroleum for Petrochemical Affairs said: “The installed capacity of the petrochemical industry will reach more than 140 million tons by the end of the seventh development plan and in a 4-year horizon and by the end of the eighth plan about 200 million tons per year.”
-
Min. Highlights Petchem Role in Supplying Hard Currency
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji underlined the role of the petrochemical industry of the country in meeting its need for hard currency.
-
15th Iran Plast Int'l Showcase Kicks off
TEHRAN (Shana) -- The 15th Iran Plast International Exhibition started in the presence of Iranian Minister of Petroleum Javad Owji and with the participation of 430 domestic and foreign companies in four groups of raw materials, machinery, manufactured and semi-manufactured goods, and technical and engineering services.
-
Funding PGPIC Projects Accelerating: CEO
TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said: "This company seeks to accelerate the financing of the group's projects by tapping the capacities of the banking system and the capital market."
-
Bu Ali Sina Petchem Plant Output 112% of Nameplate Capacity
TEHRAN (Shana) -- The commercial director of Bu Ali Sina Petrochemical Plant announced the rise in the facility’s output, adding the plant’s production is 112% of its nameplate capacity.
-
Iran Eyes $12b in Petchem Sales
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said petrochemical companies are estimated to deposit $12 billion in the NIMA system by the end of the current calendar year, which began on March 21.
-
Paying Attention to Research, Technology Underlying Investment for Present, Future
TEHRAN (Shana) -- The CEO of the Petrochemical Research and Technology Company (PRTC), referring to the contracts that this group has implemented, said: "Iranian technical knowhow can be the driving force for the development of the country's petrochemical industry."
-
PRTC Inks 3 Deals
TEHRAN (Shana) – The Petrochemical Research and Technology Company (PRTC) has signed two contracts with Tondgouyan as well as Pouya Pajoohesh Bakhtar petrochemical companies and a memorandum of understanding with Tabriz Petrochemical Company.
-
Latest Petchem Research Achievements Unveiled
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji attended a ceremony to unveil the latest research achievements of the Petrochemical Research and Technology Company (PRTC).
-
Plant Unveils 1st Medical Item
TEHRAN (Shana) -- Karoun Petrochemical Plant has unveiled its first medical item to be made with polyurethanes and replacing orthopedic plasters.
-
Bandar Emam Petchem Plant Seals €39m Ethane Deal
TEHRAN (Shana) – Bandar Emam Petrochemical Plant has signed a €39-million contract with the Energy Industries Engineering and Design (EIED) Company for construction of an ethane recovery unit.
-
Over 600 Firms Pre-Register in 15th IranPlast Showcase
TEHRAN (Shana) -- The director of the 15th IranPlast International Exhibition announced pre-registration of more than 600 domestic participants to attend this year's exhibition, and said: “Final registration and location of the exhibitors will be announced soon.”
-
Iran Eyes Mideast Top Petchem Position
TEHRAN (Shana) -- Laying emphasis on development of the downstream sector of the petrochemical industry, paying attention to its high added value and planning for development of the petrochemical industry is currently the most important axis of profitability of the petrochemical industry in Iran. Minister of Petroleum Javad Owji has said Iran’s petrochemical exports will reach $4.8 billion in the current calendar year.
-
Iran Eyes Self-Sufficiency in Main Petchem Catalysts by 2023
TEHRAN (Shana) -- The CEO of the Petrochemical Research and Technology Company announced breaking of the monopoly of foreign companies in supplying the catalysts needed by the petrochemical industry, and said: “Iran will not need to import the main catalysts of the petrochemical industry by 2023.”
-
Tondgouyan Petchem Plant Eyes Output Upturn
TEHRAN (Shana) – Shahid Tondgouyan Petrochemical Company has signed a contract for the purchase, installation and commissioning of an SSP-C unit with the aim of increasing the production capacity of the plant by 450 tons per day and production of bottle grades in the "poly c" unit.
-
85% of Oil, Gas, Petchem Equipment Locally Manufactured
TEHRAN (Shana) -- The chairman of the board of directors of the Association of Oil Industry Equipment Manufacturers said 40% of the manufacturing capacity of the association is empty, adding: “Currently, 85% of oil, gas and petrochemical equipment is produced inside the country.”