Shana

Tondgouyan Petchem Plant Ready to Launch New Production Line

TEHRAN (Shana) – The CEO of Tondgouyan Petrochemical Plant said his company was about to launch a new production line.

Iran 5-Month Petchem Export Revenue up 50% Y/Y: Official

TEHRAN (Shana) – The secretary general of Iran's Association of Petrochemical Industry Corporation (APIC) said the industry’s export revenue rose by roughly 50% in the first 5 months of the current Iranian calendar year which began on March 21 compared to the same period last year.

Plant Eyes $50m Rise in Revenue by Installing Tallest Distillation Tower

TEHRAN (Shana) -- The profitability of Bu Ali Sina Petrochemical Plant will increase by $50 million once the company installs its new distillation tower.

Iran Eyes $50b Petchem Revenue by 2027

TEHRAN (Shana) – The CEO of the production capacity said plans are under way to bring the country’s petrochemical annual revenues to 50 billion dollars by 2027.

Fire contained at Khark Petchem Plant

TEHRAN (Shana) – The fire that gripped the gasoline (pentane) reservoir of Khark Petrochemical reservoir Plant has been contained with no casualties.

Petchem Plant Turns Waste into Valuable Product

TEHRAN (Shana) -- Karun Petrochemical Plant converts part of its waste into a valuable product called "Petrocarbon" which is used in various industries such as steel, casting, water treatment, nuclear, military, sugar and ferroalloy.

Golden Year of Petchem Industry not Repeatable: CEO

TEHRAN (Shana) -- The CEO of the National Petrochemical Company called the calendar year of 1399 a golden and unique year for the Iranian petrochemical industry, and said: Inauguration of 17 petrochemical projects and the 25mt increase in the country’s petrochemical production capacity in one year will not be repeated for this industry.

TPC Sets New Record in Export of Butane 1

TEHRAN (Shana) -- Tabriz Petrochemical Company (TPC) succeeded in setting a new record in loading and exporting butane 1 in the current Iranian calendar year which began on March 201.

Khorasan Petchem Plant Reaps $20m Revenue in Q1

TEHRAN (Shana) -- The CEO of Bojnourd-based Khorasan Petrochemical Plant said the plant’s exports reached about $20 million in the first quarter of the current Iranian calendar year which began on March 21.

TPC Registers Fresh Production Records

TEHRAN (Shana) -- Tabriz Petrochemical Company (TPC) has achieved new records in the production of polyethylene and ABS.

Iran to Start Production of PET Color Grade

TEHRAN (Shana) -- The caretaker of Martyr Tondguyan Petrochemical Company said for the first time in the history of the country's petrochemical industry, the production of textile PET grade yarn with the aim of eliminating the need for imports, meeting the needs of complementary petrochemical industries and increasing the company's profitability will begin.

Iran Eyes $20b in Petchem Revenue in Current Fiscal Year

TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) announced the revenue of the petrochemical industry in the current Iranian calendar year of 1400 which began on March 21 to reach $20 billion which plays an important role in macroeconomics of the country.

Amirkabir Petchem Plant Registers New Production, Export Records in Q1

TEHRAN (Shana) – Iran’s Amirkabir Petrochemical Company managed to set a new record in the production and export of its products in the first quarter of the current calendar year, which began on March 21.

Noori Petchem Plant Net Profits Rise 270% Y/Y

TEHRAN (Shana) -- The CEO of Noori Petrochemical Company announced an increase of 526,772 tons in the complex’s output in the calendar year of 1399 which ended on March 20 compared to the preceding year, which resulted in a 270% percent rise in the company’s net profits.

HyCO Project to Make Karoon Petchem Plant Self-sufficient in Supply of Key Feedstocks

TEHRAN (Shana) -- The chairman of the board of directors of Karoon Petrochemical Plant said: "By exploiting the HyCO project, the value chain of Karoon Petrochemical Plant will be more complete and the dependence of this company in supplying feedstock will be minimized.”

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).