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Iran Petchem Feedstock to Reach 1.7 mbd by 2025
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said that the amount of feedstock allocated to petrochemical facilities would reach equal to 1.7 million barrels per day of oil by 2025.
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CEO Highlights Support for Domestic Manufacturers
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC), Behzad Mohammadi, stressed the necessity of supporting domestic manufacturers and producers.
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Noori Petchem Co. to Add 2 Items to Production Basket
TEHRAN (Shana) – The CEO of Noori Petrochemical Plant said the company would add two items to its production basket.
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PRTC Signs HDPE Deal with TPC at Iran Plast
TEHRAN (Shana) -- The Petrochemical Research and Technology Company (PRTC) and the Tabriz Petrochemical Company (TPC) signed an agreement on building a heavy density polyethylene (HDPE) production unit at TPC.
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Iran to Build PVM Plant in Western Cities
TEHRAN (Shana) – Plans are under way to build propylene via methanol (PVM) projects in western Iran, a senior petrochemical official said.
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Iran Petchem Investment to Cross $93 bln by 2025
TEHRAN (Shana) -- The senior Iranian petrochemical official said that the country’s investment in the petrochemical industry would reach 93 billion dollars by 2025.
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$25 bln Petchem Output, Indication of Curbing Sale of Raw Materials: Zangeneh
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said preventing sale of raw materials including crude oil and gas was one of the main plans of the Iranian Ministry of Petroleum, adding production of $25-billion worth of petrochemicals by 2021 was a major leap in the industry which would continue.
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13th Iran Plast Kicks off in Tehran
TEHRAN (Shana) – Tehran, the Iranian capital, is playing host to the 13th edition of the Iran Plast international exhibition.
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13th Iran Plast Showcase to Kick off on Sunday
TEHRAN (Shana) -- The 13th edition of the Iran Plast international exhibition will begin on Sunday, September 22 through 25 at Tehran’s permanent fairgrounds.
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Maximized Involvement of Domestic Firms in Petchem Projects, NPC Concern
TEHRAN (Shana) -- The National Petrochemical Company (NPC) is seeking to ensure the maximized involvement of domestic manufactueres and contractors in petrochemical projects, the NPC CEO said.
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Iran Petchem Output to Cross 133 mt/y by 2025
TEHRAN (Shana) -- Iran has planned to bring its petrochemical production capacity to 133 million tons per year by 2025 with $40 billion of investment.
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Petchem Plant Improves ICIS Ranking Despite Sanctions
TEHRAN (Shana) – The ICIS has ranked Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) 35th in ICIS Top 100 Chemical Companies for 2019, three levels better than last year, despite the fact that PGPIC is targeted by the US sanctions.
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Petchem Firms Keen on Buying Iranian Catalysts
TEHRAN (Shana) – CEO of the Petrochemical Research and Technology Company (PRTC) said that Iranian petrochemical companies were keen on consuming local catalysts for their operations to cut expenses.
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Shazand Petchem Plant Cuts FOREX Costs by 70%
TEHRAN (Shana) -- The CEO of Shazand Petrochemical Plant said that the company had saved 70% of its expenses in foreign currencies after overhaul of 22 of its units.
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Iran Petchem Plants Equipped with Waste Management Systems
TEHRAN (Shana) -- Waste management systems have been installed in all the petrochemical companies operating in the country, an official said.
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IPMMA to Present Latest Achievements at Iran Plast
TEHRAN (Shana) -- Members of the Iranian Plastics Machinery Manufacturers Association have planned to put their latest technological achievements at the 13th international Iran Plast Exhibition.
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PRTC Indigenizes 50% of Catalysts Used in Iran
TEHRAN (Shana) -- The CEO of the Petrochemical Research and Technology Company (PRTC) said half of the catalysts used in various Iranian industries could be supplied domestically.
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Iran Could become Influential in World Propylene Production: Official
TEHRAN (Shana) – A senior adviser to the Social Security Investment Company (SSIC) said Iran could play an influential role in the global propylene production by investing heavily in the methanol industry.
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Jam Petchem Plant Boosts Output by 15%
TEHRAN (Shana) – Jam Petrochemical Plant has developed its 106 Olefin Furnace which has added 15 percent to the facility’s output.
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3 Petchem Projects Online by March 2020
TEHRAN (Shana) -- The CEO of the Iranian Investment Petrochemical Group Company (PETROL) said that by Lordegan, Ilam and potassium sulphate unit of Urmia petrochemical projects would come on stream by the end of the current calendar year, which began on March 21.
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Iran Self-Sufficient in MEK Production
TEHRAN (Shana) -- Iran’s Shimibaft Petrochemical Plant has made the country self-sufficient in production of butanone, also known as methyl ethyl ketone (MEK).
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PGPIC Building $10b Petchem Projects in Iran
TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company was currently building projects with a total value of 10 billion dollars in Iran.
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PGPIC Focused on Value-Chain Completion
TEHRAN (Shana) -- Product diversification and completing the value chain are one of the priorities for implementation of development projects by the Persian Gulf Petrochemical Industries Company (PGPIC).
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Petchem Industry Key in Economic Prosperity
TEHRAN (Shana) -- A member of the Iranian parliament’s energy committee underlined the role petrochemical industry plays in the economy, saying petrochemical industry is one of the pillars of the Economy of Resilience.
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Iran to Launch Projects to Add 3 mt to Annual Propylene Output
TEHRAN (Shana) – 7 propylene production projects have been devised to add 3 million tons of propylene to Iran’s annual production capacity of the item.
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12 Downstream Petchem Projects Under way in PETZONE
TEHRAN (Shana) -- The CEO of the Petrochemical Special Economic Zone Organization (PETZONE) said that appraisal studies were being carried out for construction of 12 downstream petrochemical projects in the PETZONE.
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Iran Plast to Highlight Knowledge-based Firms in Polymer Industry
TEHRAN (Shana) – Tehran is hosting the 13th International Exhibition of Iran Plast in September which will set the ground for introduction of knowledge-based companies active in the field of polymer technologies.
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Karoon Petchem Plant Eyes 40% Output Growth
TEHRAN (Shana) – Karoon Petrochemical Plant has devised a plan which would enhance its output by 40 percent once completed.
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Plant Breaks Record in IPO
TEHRAN (Shana) -- Noori Petrochemical Plant, whose stocks were quoted in the Iranian stock market in its initial public offering (IPO), broke a new record as over 560,00 traders were involved in trading its shares on Saturday.
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Iran Petchem Exports Ongoing
TEHRAN (Shana) -- Last May, the US shocked the world by unilaterally pulling out of the Joint Comprehensive Plan of Action (JCPOA) and re-imposing sanctions on Iran’s oil and petrochemical industries. The country has since been selling its petrochemicals despite the US-imposed sanctions, says a senior petrochemical official.