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Wed 25 May 2022

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  • Iran Registers MTP Technology in EU

    Iran Registers MTP Technology in EU

    TEHRAN (Shana) -- The CEO of the Petrochemical Research and Technology Company (PRTC) said his company had been granted the patent for developing the technology to produce propylene from methanol (MTP) in the European Union.

    2020-09-26 11:02
  • 1st Iranian MTP License Transfer Agreement to be signed

    1st Iranian MTP License Transfer Agreement to be signed

    TEHRAN (Shana) -- The CEO of the Petrochemical Research and Technology Company (PRTC) announced signing of a license transfer agreement, process engineering documents and basic engineering of a plant for production of propylene from methanol on Thursday.

    2020-09-23 18:42
  • Iran, 1st in World in Oil and Gas Discovery despite Inequalities: Official

    Iran, 1st in World in Oil and Gas Discovery despite Inequalities: Official

    TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) was ranked first in the world in completely unequal conditions due to the imposition of severe sanctions, said an NIOC official.

    2020-09-21 10:23
  • PGPIC Fosters Cooperation with Bank Mellat

    PGPIC Fosters Cooperation with Bank Mellat

    TEHRAN (Shana) – The Persian Gulf Petrochemical Industries Company (PGPIC) and Bank Mellat have signed a memorandum of understanding with the aim of improving the level of cooperation.

    2020-09-21 08:11
  • Plans to Convert Surplus Methanol to Propylene

    Plans to Convert Surplus Methanol to Propylene

    TEHRAN (Shana) -- Deputy Minister of Petroleum for Petrochemical Affairs Behzad Mohammadi said Iran’s surplus 5 million methanol will be converted to propylene in the country.

    2020-09-19 16:51
  • Dozens of Development Projects under way in Mahshahr Petchem Zone

    Dozens of Development Projects under way in Mahshahr Petchem Zone

    TEHRAN (Shana) -- The CEO of the Petrochemical Special Economic Zone Organization said 29 development projects were under construction to complete the value chain and reduce raw material sales in Mahshahr, southwestern Iran.

    2020-09-12 15:29
  • Potassium Sulfate unit of Urmia Petchem Plant Operational

    Potassium Sulfate unit of Urmia Petchem Plant Operational

    TEHRAN (Shana) -- Urmia Petrochemical Plant has launched its Potassium Sulfate Unit successfully as one of the downstream development projects of the petrochemical industry.

    2020-09-12 14:30
  • PGPIC among ICIS 100 Top Chemical Firms

    PGPIC among ICIS 100 Top Chemical Firms

    TEHRAN (Shana) – Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) has managed to maintain its position as one of the top 40 chemical companies in the world in the ICIS 100 Top Chemical Companies in 2020 despite severs US sanctions on the company.

    2020-09-12 14:22
  • Urea Unit of Lordegan Petrochemical Plant Online

    Urea Unit of Lordegan Petrochemical Plant Online

    TEHRAN (Shana) -- The third phase of Lordegan Petrochemical Plant, as the largest producer of urea in western Iran, has come on stream with a daily production capacity of 3,250 tons by relying on domestic capabilities.

    2020-09-09 17:54
  • Semi-Industrial MTP Unit of Mahshahr Research Center Operational

    Semi-Industrial MTP Unit of Mahshahr Research Center Operational

    TEHRAN (Shana) -- The semi-industrial unit for production of propylene from methanol was put into operation by relying on Iranian technical savvy at the Research and Technology Center of Mahshahr, southwestern Iran.

    2020-09-09 12:31
  • Iran Petchem Output 150 mt/y by 2026: CEO

    Iran Petchem Output 150 mt/y by 2026: CEO

    TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) said Iran’s petrochemical production capacity would reach 150 million tons per year by 2026.

    2020-09-08 16:20
  • Iran 5-Month Petchem Output up 6% Y/Y

    Iran 5-Month Petchem Output up 6% Y/Y

    TEHRAN (Shana) -- Production of petrochemicals in the first five months of the current calendar year, which began on March 20, rose by 6% compared to the same period last year in Iran.

    2020-09-07 15:50
  • Iran Eyes more Diversified Petchem Output by 2025

    Iran Eyes more Diversified Petchem Output by 2025

    TEHRAN (Shana) -- The Deputy Minister of Petroleum for Petrochemical Affairs said major development plans were under way in the petrochemical industry to add more diversity to the country’s petrochemical output by 2025.

    2020-09-01 15:32
  • 5-Month Output of Noori Petchem Plant 10% Up Y/Y

    5-Month Output of Noori Petchem Plant 10% Up Y/Y

    TEHRAN (Shana) -- The CEO of Noori Petrochemical Company said the plant’s output saw a 10% increase in the first 5 months of the current calendar year, which began on March 20, year-on-year.

    2020-09-01 15:26
  • Iran Eyes Self-Sufficiency in Methanol, Polymer Catalysts

    Iran Eyes Self-Sufficiency in Methanol, Polymer Catalysts

    TEHRAN (Shana) -- The Deputy Minister of Petroleum for Petrochemical Affairs said efforts were under way by the Petrochemical Research and Technology Company (PRTC) in supplying methanol and polymer catalysts which will make Iran self-sufficient in production of the item.

    2020-08-26 13:45
  • Rouhani Inaugurates Major Oil, Gas Projects

    Rouhani Inaugurates Major Oil, Gas Projects

    TEHRAN (Shana) – Iranian President Hassan Rouhani has launched three major oil, gas and petrochemical projects via videoconference.

    2020-08-24 12:07
  • Countdown Begins to Launch 1st Phase of Bushehr Petchem Plant

    Countdown Begins to Launch 1st Phase of Bushehr Petchem Plant

    TEHRAN (Shana) -- Bushehr Petrochemical Plant’s gas sweetening, ethane and methanol production units with an annual production capacity of 4 million tons will be inaugurated by an order from Iranian President Hassan Rouhani on Monday, August 24, 2020.

    2020-08-23 15:41
  • Iran Petchem Revenues to hit $25 billion by 2021: Rouhani

    Iran Petchem Revenues to hit $25 billion by 2021: Rouhani

    TEHRAN (Shana) – Iranian President Hassan Rouhani said Iran’s revenues from export of petrochemical products would reach $25 billion by 2021.

    2020-08-23 15:28
  • Iran Eyes 1st Rank in Regional Petchem Industry

    Iran Eyes 1st Rank in Regional Petchem Industry

    TEHRAN (Shana) – The Deputy Petroleum Minister for Petrochemical Affairs said Iran would rank first in the region once its materializes plans under the 3rd petrochemical leap by 2025.

    2020-08-22 15:48
  • Completing Petchem Production Chain, Key to Circumventing Sanctions: MP

    Completing Petchem Production Chain, Key to Circumventing Sanctions: MP

    TEHRAN (Shana) -- A member of the Industries and Mines Committee of the parliament said, "In the current situation where economic sanctions have created problems for oil sales, completing the production chain in the petrochemical industry is tantamount to circumventing the embargoes."

    2020-08-22 15:41
  • Karoun Petchem Plant Fosters Diversity of Product Portfolio

    Karoun Petchem Plant Fosters Diversity of Product Portfolio

    TEHRAN (Shana) -- Karoun Petrochemical Plant’s product portfolio was further diversified with the unveiling of the KLM100B (L) grade of isocyanate chain.

    2020-08-19 14:37
  • 1st Floating Solar Power Plant Launched at Mahabad Petchem Plant

    1st Floating Solar Power Plant Launched at Mahabad Petchem Plant

    TEHRAN (Shana) -- Mahabad Petrochemical Complex has successfully launched Iran’s first floating solar power plant by relying on local capabilities and technical savvy.

    2020-08-15 14:56
  • Continued European Demand for Iran Petchems

    Continued European Demand for Iran Petchems

    TEHRAN (Shana) -- The CEO of Nirouchlor Company said that the company's exports to Europe, despite the restrictions caused by the coronavirus in the world, reached about 5,000 tons.

    2020-08-09 16:18
  • Lorestan Catalyst Unit to Yield $30m/y

    Lorestan Catalyst Unit to Yield $30m/y

    TEHRAN (Shana) – The CEO of Bakhtar Petrochemical Holding Company said that the catalyst unit of Lorestan Petrochemical Plant would generate 30 million dolllars annually.

    2020-08-06 18:51
  • Petrofarhang Holding Firm Keen on Value-Chain Completion

    Petrofarhang Holding Firm Keen on Value-Chain Completion

    TEHRAN (Shana) – The CEO of Petrofarhang Holding Company said: “Petrofarhang has plans to complete the methanol value chain and produce more value added items.”

    2020-08-06 15:59
  • Iran Eyes $400m Revenue Generation by Kaveh Petchem Plant

    Iran Eyes $400m Revenue Generation by Kaveh Petchem Plant

    TEHRAN (Shana) -- The CEO of Kaveh Petrochemical Plant stated that the facility was built with $950 million of investment, adding the project would generate $400 million annually.

    2020-08-06 15:52
  • Iran to Launch 27 Petchem Projects by 2021

    Iran to Launch 27 Petchem Projects by 2021

    TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country had planned to inaugurate 27 petrochemical projects by March 21, 2021 with $17 billion of investment.

    2020-08-06 15:18
  • Rouhani Lauds Launching Major Petchem Projects

    Rouhani Lauds Launching Major Petchem Projects

    TEHRAN (Shana) – Iranian President Hassan Rouhani lauded the inauguration of 3 major petrochemical projects with a total investment of 1.6 billion dollars as a major step towards development despite sanctions.

    2020-08-06 13:39
  • Iran Doubles Petchem Output under Rouhani

    Iran Doubles Petchem Output under Rouhani

    TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said Iran’s petrochemical production capacity had doubled in the period since President Rouhani took office in 2013.

    2020-08-06 13:23
  • Iran Eyes 80% Enhanced Petchem Revenue by March 2021

    Iran Eyes 80% Enhanced Petchem Revenue by March 2021

    TEHRAN (Shana) -- The CEO of the National Petrochemical Company said Iran’s petrochemical production capacity would increase by 60% this year, adding by launching 17 projects, Iran’s petrochemical revenue would increase by 80 percent by the end of the current Iranian calendar year which began on March 20.

    2020-08-04 16:11
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