-
Petchem Diversity to Widen Room for Maneuvering
TEHRAN (Shana) -- Iran’s petrochemical industry has over recent years bolstered its presence in the international markets in a bid to increase its share in the lucrative global petrochemical trading. Currently, 56 petrochemical plants in Iran are supplying 350 various types of products. Now National Petrochemical Company (NPC) managers say they intend to diversify the petrochemical market in a bid to increase Iran’s share of global petrochemical market and minimize the vulnerability of the petrochemical sector to US sanctions.
-
Karoon Petchem Plant to Diversify Output Portfolio
TEHRAN (Shana) -- The CEO of Karoon Petrochemical Company said his company had plans to unveil new items within the next 6 months which would enhance the firm’s profitability and competitiveness in the world market.
-
Tondguyan Petchem Plant Plans to Break Production Record
TEHRAN (Shana) – The CEO of Tondguyan Petrochemical Company said the company had already fulfilled 85% of its planned output, adding the company was bracing to break its production record by the end of the current calendar year to March 20.
-
Petchem Value Chain Completion Envisaged
TEHRAN (Shana) -- A total of 15 petrochemical plants are affiliated with the Persian Gulf Petrochemical Industries Company (PGPIC). The plants account for 40% of Iran’s petrochemical exports. Although PGPIC has been under US sanctions, it continues to export petrochemicals. Furthermore, petrochemical production plants are coming online one after another.
-
Petchem Companies Lauded at IMI-100
TEHRAN (Shana) – Petrochemical companies were lauded at the 22nd top 100 Iranian companies ranking conference (IMI-100).
-
Pars Petchem Plant Plans to Smash Output Record
TEHRAN (Shana) – Pars Petrochemical Complex announced it would break its production record by the end of the current Iranian calendar year to March 20.
-
Iran Eyes 2mt Petchem Output by Optimizing Production
TEHRAN (Shana) – An Iranian petrochemical official said Iran’s petrochemical production capacity would increase by 2 million tons by tapping unexploited capacities in petrochemical facilities of the country.
-
Iran Catalyst Output to hit $125m by 2021
TEHRAN (Shana) – Iran’s catalyst output will reach a total of $125 million by 2021, the CEO of Petrochemical Research and Technology Company (PRTC) said.
-
Iran Self-Sufficient in Production of Rubber Raw Materials
TEHRAN (Shana) – The CEO of Takht Jamshid Petrochemical Plant said the company’s second phase would render Iran needless of importing the raw materials needed for production of various type of rubber.
-
Local Catalysts Reduce Production Cost of Isocyanates by 1/3
TEHRAN (Shana) -- The CEO of Karoon Petrochemical Company said the company's costs would be reduced by one-third with the use of local catalysts.
-
Iran Self-Sufficient in Hexane Production by 2021
TEHRAN (Shana) -- The chairman of the HNT Holding Company announced inauguration of a 40,000-ton hexane, 10,000-ton pentane and 7,000-ton heptane petrochemical plants in Iran by relying on local capabilities by the next Iranian calendar year which begins on March 21.
-
Private Sector Presence in 3rd Petchem Leap to be Eye-catching
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) said that the presence of smart local private sector companies would be eye-catching in materialization of the third petrochemical leap of the country.
-
Phase 2 of Takht Jamshid Petchem Plant Operational
TEHRAN (Shana) – Iran has launched Phase 2 of Takht Jamshaid Mahshahr Petrochemical Plant.
-
Iran to Launch $2b Petchem Projects by March 2020
TEHRAN (Shana) – A senior Iranian petrochemical official said the country was expected to launch several petrochemical projects by the end of the current calendar year, which began on March 21, with a total value of nearly 2 billion dollars.
-
Iran to Launch 23 Petchem Projects in Assaluyeh
TEHRAN (Shana) – A senior petrochemical official said that plans were under way to launch 23 petrochemical plants in Assaluyeh Petrochemical Zone southern Iran.
-
Iran Eyes 16 New Petchem Items by 2025
TEHRAN (Shana) – The National Petrochemical Company (NPC) CEO said that the Iranian petrochemical industry would be supplying 16 new items by 2025.
-
CBI Head: Petchem Industry, Vanguard of Supplying Iran Needed FOREX
TEHRAN (Shana) – The head of the Central Bank of Iran said that petrochemical companies were the vanguard of supplying the country's needed foreign currency.
-
Petchem Industry at Forefront of Non-Oil Export Earnings: Rouhani
TEHRAN (Shana) – Iranian President Hassan Rouhani said that the country’s petrochemical industry was at the forefront of generating revenues from non-oil exports.
-
Iran Petchem Progress in Line with Establishment Policies: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said that the development of petrochemical plants was in line with the policies of the Islamic establishment of Iran to create jobs and prevent sale of crude oil and gas.
-
Iran Eyes Self-Sufficiency in Producing Styrene Chain Items
TEHRAN (Shana) -- A memorandum of understanding on technical cooperation and investment was signed between Shazand and Tabriz Petrochemical Companies for the purpose of achieving self-sufficiency in the styrene items' production chain and diversification of petrochemical output of the two companies.
-
PETROL to Develop Melamine Park in Urmia
TEHRAN (Shana) -- Iranian Investment Petrochemical Group (PETROL) has signed an agreement to develop a melamine production park in the northeastern province of Urmia.
-
Petchem Plant Breaks Output Record
TEHRAN (Shana) – Jam Polypropylene Company has set a new production record in the first 8 months of the current calendar year, which began on March 21.
-
$400m Catalyst Market in Iran
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said that Iranian refineries and petrochemical plants consumed 400 million dollars’ worth of catalysts annually.
-
Khark Petchem Plant Eyes Enhanced Output
TEHRAN (Shana) – The production capacity of Khark Petrochemical Plant is expected to increase by 100 tons per day once the facility starts consuming associated petroleum gas (APG) from Doroud III project.
-
Petchem Plant Completes Styrene Production Value Chain
TEHRAN (Shana) – The CEO of Pars Petrochemical Company announced completion of the company's production chain, especially for styrene monomer and propane.
-
8-Month Output of Tondgouyan Petchem Plant UP 23% Y/Y
TEHRAN (Shana) – The output of Tondgouyan Petrochemical Plant has broken a new record in the first 8.5 months of the current calendar year, which began on March 21, growing 23% year-on-year.
-
Noori Petchem Plant Yields 2.9 mt of Output Since March
TEHRAN (Shana) – Iran’s Noori Petrochemical Plant produced a total of 2.9 million tons of petrochemicals in the first 8.5 months of the current calendar year, which began on March 21.
-
Plant Eyes Diversified Output Soon
TEHRAN (Shana) – Iran’s Tondguyan Petrochemical Company is planning for diversification of its polyethylene terephthalate chain output as one of its key priorities in the near future.
-
NPC Serious in Purposeful Development of Petchem Projects
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said that the company had launched an initiative to orchestrate petrochemical projects in the industry.
-
Iran Mulls Construction of $8b Petchem Project
TEHRAN (Shana) – Plans are under way to construct an $8-billion petrochemical megaproject by Iranian petrochemical holdings, a senior petrochemical official said.