Petrochemical
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Khorasan Petchem Plant Boosts Urea Output by 11,000 tons
TEHRAN (Shana) -- The CEO of Khorasan Petrochemical Plant said urea production has increased by 11,000 tons in the first 5 months of the current calendar year, which began on March 21 and has exceeded 100,000 tons.
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Iran Petroleum Industry Book Review
TEHRAN (Shana) -- In this piece of writing we will be reviewing major books written in the history of Iran’s petroleum industry.
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Bu Ali Sina Petchem Plant to Upgrade Quantity and Quality
TEHRAN (Shana) -- The light fraction desulfurization project at the Bu Ali Sina petrochemical plant came online in July with a view to bringing down the sulfur content to below 1 ppm.
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Petchem Sector and Triangle of Strains
TEHRAN (Shana) -- Iran’s petrochemical industry has not backed down over the past three years specifically after the US imposed all-out sanctions on the country, particularly the petrochemical sector. On the contrary, it recorded last calendar year as one of the best and most successful periods.
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South Pars Supplying Half of Iran Petchem Feedstock
TEHRAN (Shana) -- The Deputy Minister of Petroleum for Petrochemical Affairs stated that the number of active projects of the petrochemical industry in Assaluyeh is 19, and said: “50% of the production of the petrochemical industry depends on South Pars.”
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Petchem CSR Strategy Document Prepared
TEHRAN (Shana) -- The Corporate Social Responsibility Strategy Document of the petrochemical industry has been developed with the vision of "Petrochemical Industry, the top industry in sustainable development".
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Tondgouyan Petchem Plant Ready to Launch New Production Line
TEHRAN (Shana) – The CEO of Tondgouyan Petrochemical Plant said his company was about to launch a new production line.
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Iran 5-Month Petchem Export Revenue up 50% Y/Y: Official
TEHRAN (Shana) – The secretary general of Iran's Association of Petrochemical Industry Corporation (APIC) said the industry’s export revenue rose by roughly 50% in the first 5 months of the current Iranian calendar year which began on March 21 compared to the same period last year.
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Plant Eyes $50m Rise in Revenue by Installing Tallest Distillation Tower
TEHRAN (Shana) -- The profitability of Bu Ali Sina Petrochemical Plant will increase by $50 million once the company installs its new distillation tower.
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Iran Eyes $50b Petchem Revenue by 2027
TEHRAN (Shana) – The CEO of the production capacity said plans are under way to bring the country’s petrochemical annual revenues to 50 billion dollars by 2027.
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Fire contained at Khark Petchem Plant
TEHRAN (Shana) – The fire that gripped the gasoline (pentane) reservoir of Khark Petrochemical reservoir Plant has been contained with no casualties.
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Petchem Plant Turns Waste into Valuable Product
TEHRAN (Shana) -- Karun Petrochemical Plant converts part of its waste into a valuable product called "Petrocarbon" which is used in various industries such as steel, casting, water treatment, nuclear, military, sugar and ferroalloy.
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Golden Year of Petchem Industry not Repeatable: CEO
TEHRAN (Shana) -- The CEO of the National Petrochemical Company called the calendar year of 1399 a golden and unique year for the Iranian petrochemical industry, and said: Inauguration of 17 petrochemical projects and the 25mt increase in the country’s petrochemical production capacity in one year will not be repeated for this industry.
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TPC Sets New Record in Export of Butane 1
TEHRAN (Shana) -- Tabriz Petrochemical Company (TPC) succeeded in setting a new record in loading and exporting butane 1 in the current Iranian calendar year which began on March 201.
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Khorasan Petchem Plant Reaps $20m Revenue in Q1
TEHRAN (Shana) -- The CEO of Bojnourd-based Khorasan Petrochemical Plant said the plant’s exports reached about $20 million in the first quarter of the current Iranian calendar year which began on March 21.
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TPC Registers Fresh Production Records
TEHRAN (Shana) -- Tabriz Petrochemical Company (TPC) has achieved new records in the production of polyethylene and ABS.
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Iran to Start Production of PET Color Grade
TEHRAN (Shana) -- The caretaker of Martyr Tondguyan Petrochemical Company said for the first time in the history of the country's petrochemical industry, the production of textile PET grade yarn with the aim of eliminating the need for imports, meeting the needs of complementary petrochemical industries and increasing the company's profitability will begin.
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Iran Eyes $20b in Petchem Revenue in Current Fiscal Year
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) announced the revenue of the petrochemical industry in the current Iranian calendar year of 1400 which began on March 21 to reach $20 billion which plays an important role in macroeconomics of the country.
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Amirkabir Petchem Plant Registers New Production, Export Records in Q1
TEHRAN (Shana) – Iran’s Amirkabir Petrochemical Company managed to set a new record in the production and export of its products in the first quarter of the current calendar year, which began on March 21.
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Petchem Output Set to Grow 10mt
TEHRAN (Shana) -- Iran’s petrochemical production capacity has been growing over the past eight years. Despite tough sanctions imposed on Iran’s petroleum industry, the petrochemical sector has constantly exported products to become a major source of revenue for Iran.
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32 Petchem Projects in 8 Years
TEHRAN (Shana) -- On May 20, three petrochemical projects came online. They were Sabalan methanol project with annual capacity of 1.65 million tonnes, Masjed Soleyman urea and ammonia plant with annual capacity of 1.7 million tonnes and Assaluyeh Exir Hallal project with annual capacity of 50,000 tonnes of pentane and hexane. President Hassan Rouhani officially inaugurated the projects.
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Noori Petchem Plant Net Profits Rise 270% Y/Y
TEHRAN (Shana) -- The CEO of Noori Petrochemical Company announced an increase of 526,772 tons in the complex’s output in the calendar year of 1399 which ended on March 20 compared to the preceding year, which resulted in a 270% percent rise in the company’s net profits.
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HyCO Project to Make Karoon Petchem Plant Self-sufficient in Supply of Key Feedstocks
TEHRAN (Shana) -- The chairman of the board of directors of Karoon Petrochemical Plant said: "By exploiting the HyCO project, the value chain of Karoon Petrochemical Plant will be more complete and the dependence of this company in supplying feedstock will be minimized.”
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Iran Annual Petchem Industry Investment at $11b
TEHRAN (Shana) – Iranian President Hassan Rouhani said the country had invested 11 billion dollars in the petrochemical industry over the course of the previous Iranian calendar year of 1399 which ended on March 20.
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Construction of Mahtab Parsian Petchem Project Begins
TEHRAN (ٍShana) – The construction project of Mahtab Parsian Petrochemical Plant has begun as one of the projects built by Petrofarhand Petrochemical Holding Company.
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Iran to Add 22 Items to Petchem Output Mix
TEHRAN (Shana) -- The Director of Planning and Development at the National Petrochemical Company said 33 petrochemical projects are under way in the country by whose development 22 new items will be added to the country’s production portfolio.
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4-fold increase in land exports of Bu Ali Sina Petchem Plant
TEHRAN (Shana) -- The CEO of Bu Ali Sina Petrochemical Company announced a fourfold rise in the land exports of his complex in the previous Iranian calendar year of 1399 which ended on March 20.
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Arvand Petchem Plant Implementing 2 Development Projects
TEHRAN (Shana) -- The CEO of Arvand Petrochemical Plant said his company is currently busy building a new vinyl chloride (VCM) and a polyvinyl chloride (PVC) unit.
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Iran Petchem Output up 7% Y/Y in Q1
TEHRAN (Shana) – Iran’s petrochemical output rose by 7 percent in the first 3 months of the current calendar year, which began on March 21 compared to the same period last year.
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PGPIC Building 16 Petchem Projects
TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company is currently building 16 petrochemical projects with an investment of $17 billion.