Shana

Head of judiciary highlights forex savings through sustainable production

SHANA (Tehran) – During a visit to Hegmataneh Petrochemical in Hamedan on Monday, Judiciary Chief Gholamhossein Mohseni-Ejei emphasized the importance of reviving production units across the country, particularly this year, which has been designated as the "Year of Investment in Production."

NIOC invites ambassadors to participate in Iran Oil Show

SHANA (Tehran) — The head of public relations for the National Iranian Oil Company invited foreign ambassadors to take part in the 29th Iran International Oil, Gas, Refining, and Petrochemical Exhibition, urging them to encourage businesses and industrialists from their countries to attend.

Utilizing petchem industry capabilities to achieve the year's economic slogan

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the need to attract new investments and boost production, stating that in the "Year of Investment for Production," all available capacities in the petrochemical industry must be leveraged to realize the year's slogan.

Karoun Petrochemical Company production grows 17%

SHANA (Tehran) – The CEO of Karoun Petrochemical Company announced a 17.4% increase in production in 1403 compared to 1402.

NPC: 18 petchem projects nearing operation

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) stated that the year 1404 (2025-2026) will be the peak year of the Seventh Development Plan (2024-28), with around 18 projects worth a total of $5 billion set to become operational.

NPC:

Unfinished petchem projects to be finalized by late September

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) stated that unfinished petrochemical projects must be reviewed, adding that lawmakers have set a deadline of late September 2025 to resolve their status.

BIPC posts 36% production growth

SHANA (Tehran) – The CEO of Bandar Imam Petrochemical Complex (BIPC) announced a 36% increase in production compared to the year 1400 (2021-22) and the breaking of a six-year export record in the year 1403 (2024-25).

Role of Isfahan Refinery’s RHU Project in reducing fuel imports

SHANA (Tehran) - The CEO of Iran’s National Oil Refining and Distribution Company stated that the faster implementation of the RHU project at the Isfahan refinery will not only reduce air pollution but also increase profitability and prevent unnecessary costs associated with fuel imports.

PIDMCO ready to participate in overseas petchem projects

SHANA (Tehran) – The CEO of PIDMCO, the Petrochemical Industries Development Management Company, outlined the company’s goals and plans for engaging with new technology-based firms (NTBFs) in the new year, expressing hope to participate in at least one international project in 1404, involving technical and engineering services, execution, and commodity supply.

Localization of equipment in largest CPVC chain

SHANA (Tehran) – Arvand Petrochemical Company, which has previously localized dozens of equipment, catalysts, and chemicals, has successfully designed and produced an electric heater used in its sulfuric acid concentration unit in collaboration with domestic experts.

Petchem production capacity to increase by 9m tons

SHANA (Tehran) - The production capacity of Iran’s petrochemical industry is expected to rise by approximately 9 million tons by 1404, according to the National Petrochemical Company’s production control manager.

Bandar Imam Petrochemical Complex breaks six-year production, export records 

SHANA (Tehran) - The Bandar Imam Petrochemical Complex achieved its highest production level in six years in 1403.  

Petchem industry supports attracting new investments

SHANA (Tehran) - The caretaker of the investment management department at the National Petrochemical Company (NPC) said attracting new investments in the "Year of Investment for Production" is a key strategy aimed at boosting output and completing the value chain, adding that NPC is ready to offer full cooperation and support in this effort. 

Ilam's Arghavan Gostar Petrochemical Project nears launch

SHANA (Tehran) - The extruder unit of Ilam's Arghavan Gostar Petrochemical Project has reached its final testing phase.  

Petchem industry in 1403: From development plans to operational projects

SHANA (Tehran) – Iran’s petrochemical industry saw significant transformations in 1403, marked by development initiatives, new operational projects, and key achievements.

Iran seeks strengthening  petchem industry's share in global markets

SHANA (Tehran) - The CEO of the National Petrochemical Company (NPC) emphasized the need to strengthen Iran's share in global export markets through precise planning and the development of new export markets for petrochemical products.

In a message marking arrival of New Year

NPC emphasizes renewed motivation for a bright future in petchem industry

SHANA (Tehran) – In a message marking the arrival of the Iranian New Year 1404, the CEO of the National Petrochemical Company (NPC) expressed hope for continued progress in the industry.

NPC:

Strategic studies essential for petchem industry development

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the need to diversify target markets and identify opportunities and challenges for the development of Iran’s petrochemical industry over the next 20 years.

Iran no longer needs to import five polymer grades

SHANA (Tehran) - Arvand Petrochemical, the largest producer of PVC and chlorine chains in West Asia, has achieved a historic production record for EPVC this Iranian year, eliminating the need for the country to import five specialized grades.

NISOC, signs MoU with NIOC Exploration Directorate

SHANA (Tehran) – The National Iranian South Oil Company (NISOC) and the Exploration Directorate of the National Iranian Oil Company (NIOC) signed a cooperation agreement to collaborate on exploration, development, and production processes.

MP says petchem industry helps bypass sanctions, generate revenue

SHANA (Tehran) – The head of the parliamentary faction overseeing the oil, gas, and petrochemical industries described the petrochemical sector as one of the country's most vital industries.

NPC:

Petrochemical companies committed to returning forex to economy

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized that the petrochemical industry is committed to returning the foreign currency earned from exports to the country’s economic cycle, stating that all currency obligations of petrochemical companies have been fulfilled.

Petchem industry nears 100-m-ton production capacity: NPC

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) announced that the petrochemical industry is on the verge of reaching a production capacity of 100 million tons.

NPC head highlights leveraging strategic successes to advance petchem industry

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the importance of the Petrochemical Industry Excellence Award, stating that the successful presence of petrochemical companies in various fields has driven industry players toward excellence and progress.

Localization of reactor prevents millions of dollar outflow

SHANA (Tehran) – The first domestically produced methanol synthesis reactor, which has been localized to prevent tens of millions of dollars outflow, was installed at the second phase of the Sabalan Petrochemical Complex.

Arya Sasol develops new polyethylene grade for drip irrigation tape

SHANA (Tehran) – Arya Sasol Polymer Company successfully developed a new medium-density polyethylene grade for the production of drip irrigation tape, marking a first in the country.

NPC:

Over $9b from petchem exports returned to national economy

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) announced that the total exports of the petrochemical industry over the past 11 months amounted to approximately $12 billion, of which $9.14 billion reinjected into the country’s economic cycle.

Bandar Imam Petrochemical Company exports grow by 44%

SHANA (Tehran) – Bandar Imam Petrochemical Company (BIPC) has broken its six-year export record in the first 11 months of this year (March 20, 2024-February 18, 2025).

New downstream petchem projects to be introduced

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) announced that several new projects aimed at developing downstream petrochemical industries will soon be introduced across the country. These projects will take into account regional planning, existing infrastructure, and the availability of feedstock and water resources for investment.

Monitoring system unveiled to boost production at five oil fields

SHANA (Tehran) – A new monitoring system aimed at advancing development projects and increasing production at the Aban, Paydar Gharb, Cheshmeh Khosh, Dalpari, and Paydar Sharq oil fields was unveiled Wednesday.