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Minister Voices Support for Petchem Industry
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji voiced the Iranian Ministry of Petroleum’s all-out support for the completion of the petrochemical value chain.
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Condensate Revenues to be dwarfed by Petchem Income: Official
TEHRAN (Shana) – Iran’s petrochemical industry will rake in millions of dollars once new petrochemical compounds come online in the country by 2025, which will dwarf revenues from export of gas condensate, a senior oil official said.
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Petchem Feedstock Challenges Solvable with NIOC, NIGC Support: CEO
TEHRAN (Shana) – The CEO of the National Petrochemical Company announced the interaction and cooperation between National Iranian Oil Company (NIOC) and National Iranian Gas Company (NIGC) in order to solve the challenges of providing feedstock for petrochemical companies.
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Tondgouyan Petchem Plant Breaks PET Output Record
TEHRAN (Shana) -- The head of Shahid Tondgouyan Petrochemical Compound announced the historical production record of 756,000 tons of polyethylene terephthalate since the beginning of the current calendar year, which began on March 21
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Petchem Industry: Savior of Iran Economy under Sanctions
TEHRAN (Shana) -- At the peak of the sanctions, Iran's petrochemical industry earned more than $54 billion for the country, and on average, 80% of the export income of this industry has returned to the country's economic cycle through the NIMA FOREX system.
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Construction of Petchem Parks Key to Support KBCs: CEO
TEHRAN (Shana) – The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) said: “With the launch of petrochemical parks, the slogan of the year (production, knowledge-based activities and job-creation) will be realized in the true sense because these parks will bring employment, value creation and modern technology to the country.”
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Bandar Imam Petchem Output Mix to hit 40 Items in 5 Years
TEHRAN (Shana) -- The CEO of Bandar Imam Petrochemical Company announced the increase of the company's products from the current 31 to 40 items in the next five years.
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Shiraz Petchem Plant, Top Iran Urea Exporter
TEHRAN (Shana) -- For the first time after 6 decades of activity, Shiraz Petrochemical Company was selected as the top urea exporter in the calendar year of 1401 which began on March 21.
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Iran, Turkey Strike New Gas Agreements
TEHRAN (Shana) -- The director of dispatching of National Iranian Gas Company (NIGC) announced holding of a meeting with the representatives of Turkey's Butas Company and reaching new agreements.
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POMC Begins Startup Operation of Padjem Petchem
TEHRAN (Shana) -- The CEO of Petropars Operation and Management Company (POMC) announced the startup operation of Polymer Padjam Complex by this company.
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PGPIC Generates $4bn in H1
TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said his company had generated over 4 billion dollars in the first half of the current calendar year, which began on March 21.
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119% Growth in Pardis Petchem Revenue
TEHRAN (Shana) -- Pardis Petrochemical Company achieved a whopping 119% increase in its revenue in the fiscal year of 1400 which ended on March 20, compared to the preceding year.
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H1 Output of Bu Ali Sina Petchem Plant Exceeds 1 mt
TEHRAN (Shana) -- The H1 report of Bu Ali Sina Petrochemical Plant shows that in addition to the increase in the feedstock supplied to the complex, its output has exceeded one million tons during the period reaching 116% of its nameplate capacity.
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66% Growth in Petchem Exports to Uzbekistan: Official
TEHRAN (Shana) -- The head of international affairs of the National Petrochemical Company (NPC) announced a 66% rise in the export of Iranian petrochemicals to Uzbekistan in 2021 compared to the previous year.
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44% Drop in Petchem Emissions
TEHRAN (Shana) -- The advisor to the CEO and the head of the social responsibility secretariat of the National Petrochemical Company (NPC) announced a 44% drop in the volume of petrochemical industry pollution in Iran, adding: “The amount of petrochemical companies' pollution has decreased from 66% to less than 22% at the end of last calendar year.”
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$7 to $10b Investment Needed in Iran Petchem Industry: Official
TEHRAN (Shana) – An official with the National Petrochemical Company (NPC) says Iran’s petrochemical industry needs an investment of 7 to 10 billion dollars for realization of its plans each year.
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Record-breaking Participation in 16th Iran Plast
TEHRAN (Shana) -- The Director of Iran Plast International Exhibition said: “This year, in the 16th Iran Plast Exhibition, the record of previous showcases was broken, both quantitatively and qualitatively.”
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16th Iran Plast Int'l Exhibition Kicks Off
TEHRAN (Shana) -- The 16th edition of Iran Plast International Exhibition officially started at Tehran’s permanent fairgrounds on Wednesday.
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Iran to become PP Heavyweight
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) said that the country was to launch 12 PDH projects which will turn it into a major producer of polypropylene (PP).
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Building PDH/PP Projects Creates Jobs for 5k
TEHRAN (Shana) -- The CEO of Tadbir Energy Development Group said that employment for 5,000 people will be created during implementation of the Parsian Sepehar PDH/PP project.
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Iran LPG Export Grows 20% under Raisi
TEHRAN (NIPNA) – The Iranian Minister of Petroleum said Iran’s export of liquefied petroleum gas (LPG) saw a 20% rise in the first year of President Raisi’s office compared to a year earlier.
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Iran Eyes $18b in Petchem Revenue
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) said the country’s petrochemical revenues is planned to hit $18 billion in the current calendar year, which began on March 21.
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16th Iranplast Showcase Aiming at Export Markets Development
TEHRAN (Shana) -- The first meeting of the Policy Council of the 16th Iranplast International Exhibition was held with an emphasis on the development of the export markets of polymer industries.
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16th Iran Plast pre-registration Extended
TEHRAN (Shana) -- New participants of the 16th Iran Plast International Exhibition can pre-register for this large and specialized event in the petrochemical industry from August 15 to 17.
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PGPIC Ready to Bolster Ties with German Firms
TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) voiced the holding’s readiness to cooperate with German companies that excel in chemistry and petrochemical industry and take great steps for the interests of both countries.
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Shahid Hasheminejad Gas Refinery Yielding 1,500 t/d of Sulfur
TEHRAN (Shana) -- The CEO of Shahid Hasheminejad Gas Refining Company said the plant was currently producing 1,500 tons of sulfur per day.
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Di Aria Polymer Officially Online
TEHRAN (Shana) -- Di Aria Polymer (Khomein Petrochemical Plant) was officially inaugurated in the presence of Deputy Minister of Petroleum and the CEO of National Petrochemical Company.
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NPC CEO Invites Investors in Petchem Projects
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) invited all investors, researchers and industrialists of the petrochemical industry to participate in completing the sector’s value chain.
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PGPDIG Tapping Bank Mellat Resources in Development Projects
TEHRAN (Shana) – The CEO of Persian Gulf Production Capacity Complementary Industries Development and Investment Group (PGPDIG) said the company was planning to make full utilization of the capacity of Bank Mellat.
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NISOC Fully Realizes Production Goals
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) said: “The production of the companies operating the southern oil-rich regions has been in accordance with the approvals of the National Iranian Oil Company and these companies achieved 100% of their respective goals.”