Shana

Iran Annual Petchem Industry Investment at $11b

TEHRAN (Shana) – Iranian President Hassan Rouhani said the country had invested 11 billion dollars in the petrochemical industry over the course of the previous Iranian calendar year of 1399 which ended on March 20.

Construction of Mahtab Parsian Petchem Project Begins

TEHRAN (ٍShana) – The construction project of Mahtab Parsian Petrochemical Plant has begun as one of the projects built by Petrofarhand Petrochemical Holding Company.

Iran to Add 22 Items to Petchem Output Mix

TEHRAN (Shana) -- The Director of Planning and Development at the National Petrochemical Company said 33 petrochemical projects are under way in the country by whose development 22 new items will be added to the country’s production portfolio.

4-fold increase in land exports of Bu Ali Sina Petchem Plant

TEHRAN (Shana) -- The CEO of Bu Ali Sina Petrochemical Company announced a fourfold rise in the land exports of his complex in the previous Iranian calendar year of 1399 which ended on March 20.

Arvand Petchem Plant Implementing 2 Development Projects

TEHRAN (Shana) -- The CEO of Arvand Petrochemical Plant said his company is currently busy building a new vinyl chloride (VCM) and a polyvinyl chloride (PVC) unit.

Iran Petchem Output up 7% Y/Y in Q1

TEHRAN (Shana) – Iran’s petrochemical output rose by 7 percent in the first 3 months of the current calendar year, which began on March 21 compared to the same period last year.

PGPIC Building 16 Petchem Projects

TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company is currently building 16 petrochemical projects with an investment of $17 billion.

Rouhani Launches Light Cut Sweetening Project of Bu Ali Sina Petchem Plant

TEHRAN (Shana) -- The light cut sweetening project of Bu Ali Sina Petrochemical Complex with an annual capacity of 350,000 tons was officially put into operation by Iranian President Hassan Rouhani.

CEO of Arvand Petchem Plant announced:

17% Rise in Iran "Chlorine" Output

TEHRAN (Shana) -- The CEO of Arvand Petrochemical Plant announced a 17% increase in the production of chlorine in the complex.

Shahid Tondgouyan Petchem Plant Eyes Full Productivity

TEHRAN (Shana) -- The CEO of Shahid Tondgouyan Petrochemical Company said with the elimination of production bottlenecks and barriers, the company would reach 100% nominal production capacity by the next Iranian calendar year.

14% Rise in Bandar Emam Polymer Exports

TEHRAN (Shana) -- The exports of polymer products of Bandar Emam Petrochemical Plant increased by 14% year-on-year over the course of the previous Iranian calendar year which ended on March 21.

GTPP of West Islamabad Operational by 2024

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said the GTPP unit of West Islamabad project would come online by 2024 as the first development project of the National Petrochemical Company after privatization.

NPC Inks MoU with QMS

TEHRAN (Shana) – The National Petrochemical Company (NPC) has signed a memorandum of understanding (MoU) with the German Institute for Quality Management Services (QMS) as a representative of the European Foundation for Quality Management (EFQM).

Iran Petchem Revenues at $10b in 1399

TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) said the country generated $10 billion in petrochemical export revenue in the previous calendar year which ended on March 20.

Foreign Technical Savvy Could eliminate main Petchem Bottlenecks: CEO

TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) said the arrival of foreign technical knowhow could sort out major bottlenecks in the development of the country’s petrochemical industry.

Iran Eyes 100mt/y Petchem Output by 2022

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh says the country is planning to launch 10 petrochemical projects by 2022 which will bring the country’s annual petrochemical production capacity to 100 million tons.

Iran Self-Sufficient in Hexane, Pentane Production

TEHRAN (Shana) -- The CEO of Takht-e Jamshid Pars Assaluyeh Petrochemical Plant said by commissioning the Elixir Halal Assaluyeh Petrochemical Plant, Iran has become self-sufficient in production of hexane and pentane.

Masjed Soleiman Petchem Plant to Start Exports

TEHRAN (Shana) -- The CEO of the National Pension Fund announced the signing of a contract for the export of Masjed Soleiman petrochemical products and the company’s start of exports in the coming weeks.

Rouhani Launched Major Petchem Projects

TEHRAN (Shana) – Iranian President Hassan Rouhani officially inaugurated three petrochemical projects on Thursday.

EPC Contract for Construction of 1st Methyl Amine Unit Signed

TEHRAN (Shana) – The EPC engineering contract for a methyl amine project in Songhar was signed with two Iranian companies as the first methyl amine project in the country.

Iran to Launch 1st Phase of Ibn Sina Petchem Plant

TEHRAN (Shana) -- The first phase of Ibn Sina Petrochemical Company's maleic anhydride project will be put into operation in Mahshahr in the near future.

Strategies for implementing Islamabad-West Petchem Project Outlined

TEHRAN (Shana) -- The strategies of the National Petrochemical Company (NPC) for implementation of Islamabad-West Petrochemical Project were outlined at the opening meeting of the EPCC contract in the presence of the NPC CEO and senior executives of the company.

IIPG mulls New Development Projects

TEHRAN (Shana) -- The CEO of Iranian Investment Petrochemical Group (IIPG) said the company is planning to start manufacturing two new ethylene oxide and ethylene propylene diene monomer projects with the aim of completing the value chain.

Amirkabir Petchem Plant Breaks 10-Year Production Record in Farvardin

TEHRAN (Shana) -- Amirkabir Petrochemical Plant broke its 10-year production record in the month of Farvardin (the first month in the Iranian calendar year which began on March 21).

Research Role in Petchem Value Chain Development

TEHRAN (Shana) -- Iran’s petrochemical industry has conducted vast planning alongside building plants in order to bring the country’s output to 100 million tonnes a year. That would push the country to the top technological position in the region.

7% Rise in Iran Petchem Output in Farvardin

TEHRAN (Shana) -- The director of production control at the National Petrochemical Company announced a 7-percent increase in the production of various petrochemical products in the first month of the current Iranian calendar year which began on March 21.

Iran Self-Sufficient in Benzene Production

TEHRAN (Shana) -- Iran became self-sufficient in the supply of benzene as Bu Ali Sina Petrochemical Plant fully realized the item’s production plan in the previous calendar year which ended on March 20.

No Petchem Facilities Damaged by Genaveh Quake

TEHRAN (Shana) -- The Director of Health, Safety, Environment and Passive Defense of the National Petrochemical Company said: “The earthquake this morning in Khuzestan and Bushehr provinces did not cause any damage to petrochemical complexes and projects.”

Petchem Plant adds 1.3mt/y to Iran Feedstock Capacity

TEHRAN (Shana) -- The CEO of Parsian Sepehr Refining Company said Parsian Sepehr Refining Project is developed to supply 1.3 million tons per year of ethane to olefin units in the petrochemical industry of the country.