Petrochemical
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26th Iran Oil Show in Pictures (2)
TEHRAN (Shana) – The 26th International Oil, Gas, Refining and Petrochemical Exhibition, Iran Oil Show, kicked off on Friday (May 13) with participation of domestic and foreign companies from 11 countries. The exhibition will run until Monday, May 16.
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26th Iran Oil Show in Pictures
TEHRAN (Shana) – The 26th International Oil, Gas, Refining and Petrochemical Exhibition, Iran Oil Show, kicked off on Friday (May 13) with participation of domestic and foreign companies from 11 countries. The exhibition will run to Monday, May 16.
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Iran Oil Show, Demonstration of Iran’s Power
TEHRAN (Shana) -- The director of the 26th Iran Oil, Gas, Refining and Petrochemical Exhibition, Iran Oil Show, Majid Boujarzadeh, said the exhibition is an opportunity to display the achievements of domestic companies and demonstrate the country’s power and authority.
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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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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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Bu Ali Sina Petchem Output Passes 110% of Installed Capacity
TEHRAN (Shana) – The Commercial Director of Bu Ali Sina Petrochemical Plant said: "The result of trust in domestic engineers and specialists is that the complex’s output has reached 110% of its nominal capacity."
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Iran Tapping Capacity of Banks, Holdings to Finance Oil Projects
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said his Ministry would not be delayed by foreign investors and was using the power and capacity of large holdings and a consortium of domestic banks to carry out projects in the industry.
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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.
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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.
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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.
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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.
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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.
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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.
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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."
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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."
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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).
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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.
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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.”
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$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.
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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."
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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.”