Petrochemical
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12 Downstream Petchem Projects Under way in PETZONE
TEHRAN (Shana) -- The CEO of the Petrochemical Special Economic Zone Organization (PETZONE) said that appraisal studies were being carried out for construction of 12 downstream petrochemical projects in the PETZONE.
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Iran Plast to Highlight Knowledge-based Firms in Polymer Industry
TEHRAN (Shana) – Tehran is hosting the 13th International Exhibition of Iran Plast in September which will set the ground for introduction of knowledge-based companies active in the field of polymer technologies.
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Karoon Petchem Plant Eyes 40% Output Growth
TEHRAN (Shana) – Karoon Petrochemical Plant has devised a plan which would enhance its output by 40 percent once completed.
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Plant Breaks Record in IPO
TEHRAN (Shana) -- Noori Petrochemical Plant, whose stocks were quoted in the Iranian stock market in its initial public offering (IPO), broke a new record as over 560,00 traders were involved in trading its shares on Saturday.
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Iran Petchem Exports Ongoing
TEHRAN (Shana) -- Last May, the US shocked the world by unilaterally pulling out of the Joint Comprehensive Plan of Action (JCPOA) and re-imposing sanctions on Iran’s oil and petrochemical industries. The country has since been selling its petrochemicals despite the US-imposed sanctions, says a senior petrochemical official.
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Iran Petchem Output to Reach 90 mt/y by 2022
TEHRAN (Shana) -- First Vice President Eshaq Jahangiri said Iran’s petrochemical production capacity was expected to reach 90 million tons per year from currently 64 mt/y by 2022.
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Noori Petchem Plant Exports 60% of Output
TEHRAN (Shana) – The CEO of Noori Petrochemical Plant said the plant exported 60 percent of its output.
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Iran to Build New Petchem Hub in Mahshahr
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) said final decisions regarding construction of a new petrochemical hub in the southwestern region of Mahshahr would be taken soon.
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Phase I of Hengam Petchem Plant 73% Complete
TEHRAN (Shana) -- The first phase development of Hengam Petrochemical Plant has so far made 73 percent physical progress.
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Master Plan for Downstream Petchem Development Underway
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said the master development plan for downstream petrochemical industries is being prepared.
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Petchem Plant Breaks Production/Export Record
TEHRAN (Shana) -- Pardis Urea and Ammonia Plant has registered a new production and export record in the calendar year of 1397 which ended on March 20.
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Petchem Talks with Foreign Investors Continue
TEHRAN (Shana) -- Despite the United States’ withdrawal from Iran’s 2015 nuclear deal with six world powers, negotiations between Iran’s National Petrochemical Company (NPC) and foreign companies are going on.
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NPC Eyes Feedstock Production Enhancement
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said by launching 6 feedstock supply projects, 15 million ton per day would be added to feedstock supply capacity in the country.
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Petchem Talks Continue with Foreign Companies: Official
TEHRAN (Shana) – An official with the National Petrochemical Company (NPC) said that the company’s talks with foreign investors and developers were continuing on petrochemical projects in Iran.
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Iran Methanol Production Outlook
TEHRAN (Shana) -- The four petrochemical plants of Zagros, Kharg, Fanavaran and Marjan have currently an annual petrochemical production capacity of more than 6.6 million tonnes of methanol. The figure is forecast to reach 25 million tonnes within five years. Many experts view this issue as a bargaining chip for Iran because by supplying 25 million tonnes of methanol on global markets, Iran will have a final say on the pricing of this much-desired substance.
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Plans under way to Complete Petchem Value Chain in Assaluyeh
TEHRAN (Shana) -- An official with the National Petrochemical Company (NPC) said the company viewed completion of the value chain in Assaluyeh, south Iran, as a strategy.
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World’s Largest Methanol Plant Ready for Startup
TEHRAN (Shana) -- The world’s largest methanol production plant in Iran’s southern Bushehr Province is ready to come on-stream. Built by the private sector, this plant is able to produce 7,000 tonnes a day of methanol.
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US Cannot Prevent Iran Petchem Exports: MP
TEHRAN (Shana) -- A member of the Iranian parliament said the US was unable to prevent export of petrochemical from Iran to global markets.
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Plant Eyes Value-Chain Completion for Methanol Production
TEHRAN (Shana) -- Marjan Petrochemical Plant is planning to complete the value chain of methanol production process, the company’s CEO says.
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PGPIC to Launch 7 Projects by 2021
TEHRAN (Shana) -- The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company was planning to launch 7 petrochemical project by 2021.
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PRTC Vows to Indigenize Strategic Catalysts by 2021
TEHRAN (Shana) – The CEO of the Petrochemical Research and Technology Company (PRTC) said that the company was planning to domestically manufacture all the strategic catalysts used in the petrochemical industry by 2021.
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Iran Mulls Petchem Development in Caspian Sea Rim
TEHRAN (Shana) -- The head of Iran’s National Petrochemical Company (NPC) said that the company was considering development of projects in coastal regions of the Caspian Sea.
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RIPI Signs Agreement for Participation in Foreign Projects
TEHRAN (Shana) – The Research Institute of Petroleum Industry (RIPI) has signed a contract worth $238,095 with Iran’s Shoukoh Sanat Espadan company.
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Iran Petchem Industry Unsanctionable: Deputy Minister
TEHRAN (Shana) -- Iran is required to prepare itself for unilateral US sanctions, said a deputy petroleum minister, describing the country’s petrochemical sector as unsanctionable.
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PRTC Focused on Widely Used Catalysts
TEHRAN (Shana) -- The head of Petrochemical Research and Technology Company (PRTC) said the company was focused on producing widely consumed catalysts.
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NPC Chief: We Count on 45% Petchem Output Growth
TEHRAN (Shana) -- Iran's top petrochemical official has expressed hope for a 45% growth in petrochemical production sector.
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POGDC Ready to Join GTP Projects
TEHRAN (Shana) -- The CEO of Parsian Oil and Gas Development Group Company (POGDC) was prepared in invest in gas-to-propylene (GTP) projects in Parsian Energy Intensive Industries Special Economic Zone.
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Plant Able to Supply Iran p-Xylene Demand Alone
TEHRAN (Shana) -- Noori Petrochemical Plant can supply all the para-xylene needed in the country, the CEO of the company said.
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NPC CEO visits Mayndoab Petchem Project
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC), Behzad Mohammadi, visited Mayndoab Petrochemical Project in the northwestern province of West Azarbaijan on Wednesday.
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Holding Mulls Methanol Value-Chain Completion in Assaluyeh
TEHRAN (Shana) -- The CEO of Energy Sepehr Holding Company said the firm was planning to launch projects that would complete methanol production value chain in Phase II of Assaluyeh, southern Iran.