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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.”
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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.
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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.
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IranPlast to host 300 Foreign Businesspeople
TEHRAN (Shana) -- The director of the 15th IranPlast International Exhibition said: “This year, the showcase will host 300 merchants from all over the world.”
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Refining Capacity of Hormozgan to hit 1.55 mbd
TEHRAN (NIPNA) – Iranian Minister of Petroleum Javad Owji said that the refining capacity of the southern province of Hormozgan was planned to reach 1.55 million barrels per day.
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CEO of PGPIC Appointed
TEHRAN (Shana) -- The head of the board of directors of the Persian Gulf Petrochemical Industries Company (PGPIC) appointed Abdul Ali Ali Asgari as the CEO of the holding company.
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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.
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$35 b Petchem Projects Underway
TEHRAN (Shana) -- The CEO of the National Petrochemical Company stated: "We have about 70 projects underway in this industry, which are worth about 35 to 36 billion dollars, and with the help of the Petrochemical Research and Technology Company and knowledge-based companies, we can carry out these plans."
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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."
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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.
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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).
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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.
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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.
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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.”
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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.
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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.”
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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.
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NPC CEO Appointed
TEHRAN (Shana) -- The Minister of Petroleum appointed Morteza Shahmirzaei as Deputy Minister and CEO of the National Petrochemical Company.
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Financing of Dehloran Petchem Project should Accelerate: Official
TEHRAN (Shana) -- The Chairman of the Board of Directors of the Oil Industry Pension Funds said financing of Dehloran Petrochemical Project should be accelerated so that this project could be put into operation in a reasonable time.
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15th Iran Plast Exhibition to be held from February 7 to 9
TEHRAN (Shana) -- The 15th Iran Plast International Exhibition will be held at the permanent fairgrounds of Tehran from February 7 to 9.
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Permits for Building Petchem Projects Obtained
TEHRAN (Shana) -- The Director General of Market Research of the National Petrochemical Company said 33 propulsion projects have been defined in Iran’s petrochemical industry, and added: "Currently, 20 projects have received construction permits, some of which are included in the third leap basket of the petrochemical industry and have been activated by private investors."
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Completing Petchem Value Chain a Major Priority
TEHRAN (Shana) -- The CEO of the National Petrochemical Company said: "In completing the value chain and downstream industries, efforts are being made to develop the projects by using the basic products of the petrochemical industry as feedstock."
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Iran Firm Exports Catalysts to Neighboring Countries
TEHRAN (Shana) -- An Iranian company, relying on local knowledge and the efforts of domestic researchers, has had a successful performance in the production of chemical catalysts, which in addition to exporting products to neighboring countries, seeks to expand its export market to other countries.
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106% Rise in Operating Income of Shiraz Petchem Plant
TEHRAN (Shana) -- Shiraz Petrochemical Company announced that in the first half of the current calendar year, which began on March 21, it had an operating income of 53,000 billion rials, up 106% year-on-year.
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Petchem Investment Opportunities to be Unveiled
TEHRAN (Shana) -- The CEO of the Petrochemical Special Economic Zone Organization (PETZONE) said 20 investment opportunities are ready to be unveiled in petrochemical projects, adding: "With small investments in these projects, sustainable revenue generation and job creation will be guaranteed for the country."
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Iran Petchem Output up 8% in H1
TEHRAN (Shana) –The production control manager of the National Petrochemical Company said that the country’s petrochemical output saw an 8-percent year-o-year growth in the first half of the current calendar year, which began on March 21.
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Khuzestan Petchem Plant Supplies Raw Materials for Dialysis Filters
TEHRAN (Shana) -- The CEO of Khuzestan Petrochemical Company announced the production of polycarbonates used for making dialysis filters in the complex.
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PGPIC Exports hit $2.4b in H1
TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding’s made $2.4 billion by exporting petrochemicals in the first half of the current Iranian fiscal year which began on March 20.