Shana

Caretaker oil minister calls for stronger regulatory role for NPC, fuller use of petchem capacity

SHANA (Tehran) – The caretaker oil minister has stressed the need to strengthen the sovereign role of the National Petrochemical Company (NPC), saying the petrochemical industry's capacities should be used to create jobs, raise production, generate revenue and bolster the national economy.

Petchem industry investment hits $91.6b by end of 1404

SHANA (Tehran) – The managing director of the National Petrochemical Company (NPC) put cumulative investment in the petrochemical industry through the end of 1404 (March 2026) at $91.6 billion.

NPC announces task force to speed plant rebuilding

SHANA (Tehran) – National Petrochemical Company (NPC) will form a joint task force to draft a special support package aimed at speeding the reconstruction of war-damaged petrochemical units and returning them to production, with backing from the Oil Ministry, the company's CEO said.

NPC: Freeing energy for productive sectors will lift GDP

SHANA (Tehran) – The managing director of the National Petrochemical Company said energy optimization must lead to energy being freed up for productive sectors. Shifting energy from non-productive uses to production and the economy, he argued, raises GDP and lets ordinary people benefit from economic growth.

NPC: Oil workers on economic front line

SHANA (Tehran) – Iran’s deputy petroleum minister for petrochemicals said the country’s economic front has become another arena of national effort alongside the military front, with oil industry workers keeping energy supplies running despite wartime conditions.

Petrochemical installed capacity surpasses 100m tons

SHANA (Tehran) – Iran’s petrochemical industry reached 101.4 million tons of installed capacity in the Iranian calendar year 1404, despite economic and operational challenges stemming from sanctions and military conflicts.

Petchem, pharma industries sign value-chain MoU

SHANA (Tehran) – Iran’s National Petrochemical Company (NPC) and the Syndicate of Pharmaceutical, Chemical and Pharmaceutical Packaging Manufacturers signed a memorandum of understanding (MoU) aimed at completing the petrochemical-to-pharmaceutical value chain and strengthening the sustainable supply of raw materials.

Petrochemical industry support: A strategic priority for Iran’s economy

SHANA (Tehran) – The head of the National Petrochemical Company (NPC) said that the Ministry of Petroleum and NPC are pursuing a problem-oriented, results-driven approach to supporting the petrochemical sector as a leading force in the country's economy.

Petrochemical resilience under fire

SHANA (Tehran) – Iran's petrochemical industry faced one of its toughest tests in recent years during the Third Imposed War. Despite damage to several complexes, effective crisis management, sustained production, uninterrupted domestic supply, and a rapid start to reconstruction kept the disruption from spreading through the country's production and supply chain.

Ending a costly standoff:

How petchem sector settled its utility pricing conflict

SHANA (Tehran) – The resolution of a years-long dispute over the pricing of ancillary petrochemical services is more than a routine decision about utility rates. It is the outcome of a deliberate path charted by the Ministry of Petroleum and the National Petrochemical Company (NPC) under the 14th administration to address a deep-rooted industry problem, restore stability to the business environment, and strengthen engagement with the private sector.

Iran’s petchem industry: Two years of growth, resilience and transformation

SHANA (Tehran) – Iran’s petrochemical industry pursued expansion and higher production during the first two years of the 14th administration despite energy imbalances, sanctions and volatility in global markets, as well as two 12-day and 40-day wars. Maintaining production and exports, meeting domestic industrial demand and advancing development projects demonstrated the sector’s resilience and commitment to continued growth.

NPC, petrochemical firm sign data governance pact

SHANA (Tehran) – The National Petrochemical Company signed a tripartite agreement Sunday with the Oil Ministry and the Administrative and Employment Affairs Organization to establish a "data-based governance" system across the petrochemical industry, officials said.

NPC calls for structural overhaul, names new HR chief

SHANA (Tehran) – The caretaker of the National Petrochemical Company (NPC) said Wednesday the company must overhaul its structural model and improve internal processes as part of a broader push to strengthen its governance role.

Former NPC chief highlights governance gains

SHANA (Tehran) – The former CEO of Iran's National Petrochemical Company (NPC) said the company restored its regulatory and governance role during his tenure, adding that all major decisions and developments in the country's petrochemical industry are now implemented with NPC's input.

Shakeri named acting NPC head

SHANA (Tehran) – Oil minister has appointed Omid Shakeri as acting head of the National Petrochemical Company (NPC).

NPC outgoing CEO honored, interim chief named

SHANA (Tehran) — On the sidelines of the Oil Ministry's Deputy Ministers Council meeting on Monday, a ceremony was held to honor the National Petrochemical Company (NPC) outgoing CEO and introduce the company's interim chief.

 Persian Gulf Petrochemical Industries Company appoints new CEO

SHANA (Tehran) — The board of directors of the Persian Gulf Petrochemical Industries Company has appointed Hassan Abbaszadeh as the new chief executive officer of the holding company, replacing Mohammad Shariatmadari.

Oil Ministry keeps petchem supply chain intact during wartime disruptions

SHANA (Tehran) – Oil Ministry and the National Petrochemical Company (NPC) prevented major supply shortages for downstream industries during the country’s recent conflict by managing domestic supply, restricting exports, stabilizing prices and accelerating the recovery of damaged production facilities.

Petchem sector regaining lost capacity

SHANA (Tehran) – Iran’s petrochemical industry is steadily restoring production capacity lost during the recent conflict, demonstrating its resilience and strategic importance to the country’s economy.

Petchem recovery gains momentum

SHANA (Tehran) – Iran has restored about 38% of the petrochemical production capacity that was lost or disrupted during recent attacks, according to National Petrochemical Company CEO Hassan Abbaszadeh.

Petrochemical supply up as market stability holds

SHANA (Tehran) – The supply of petrochemical products to Iran’s downstream industries is improving, with higher product availability and continued price stability helping the market move toward balance, according to a senior official at the National Petrochemical Company (NPC).

Petchem plants to be rebuilt with advanced technologies

SHANA (Tehran) – The head of the National Petrochemical Company (NPC) said the company will support petrochemical holdings and firms affected by the recent conflict and emphasized that damaged facilities should be rebuilt and brought back into operation using advanced technologies.

Petchem sector advances 96 energy efficiency projects

SHANA (Tehran) – The National Petrochemical Company (NPC) is implementing 96 energy efficiency projects across and beyond the petrochemical sector, with the initiatives expected to reduce annual natural gas consumption by about 250 million cubic meters once fully operational, a senior NPC official said.

Energy Pulse Campaign cuts gas use by 340 mcm

SHANA (Tehran) — Iran’s nationwide “Energy Pulse” campaign has reduced natural gas consumption by about 340 million cubic meters since its official launch in December 2024, according to the National Petrochemical Company’s energy optimization director.

Petchem sector stresses transparency, market stability

SHANA (Tehran) – National Petrochemical Company said the country’s petrochemical production chain operates under full transparency, with all data on feedstock consumption, production, sales and inventories recorded online and accessible to regulatory bodies.

Petrochemical martyrs honored for dedication to industry, nation

SHANA (Tehran) – The head of the National Petrochemical Company said martyrs of the petrochemical industry stood firmly and faithfully beside the industry and the Iranian people until their final moments, emphasizing that their sacrifice and devotion will always be remembered.

NPC reviews reconstruction of damaged petchem plants

SHANA (Tehran) – The head of the National Petrochemical Company visited damaged petrochemical facilities in the Pars Special Economic Energy Zone to assess reconstruction and recovery efforts, including work underway at Shiraz Petrochemical Company.

Tavanir supports petchem industry

SHANA (Tehran) – The CEO of Tavanir said the company supports major industries, particularly the petrochemical sector, adding that electricity needed by petrochemical industries will be fully supplied.

Plant recovery, easier imports to boost petchem feedstock supply

SHANA (Tehran) – The deputy oil minister for petrochemicals said efforts are underway to meet downstream industry demand through the restoration of petrochemical complexes and by facilitating imports.

Petrochemical officials meet in Ahvaz to discuss feedstock stability

SHANA (Tehran) – Officials have explored ways to secure sustainable feedstock for petrochemical plants in Mahshahr, Iran.