Shana

Iran seeks strengthening  petchem industry's share in global markets

SHANA (Tehran) - The CEO of the National Petrochemical Company (NPC) emphasized the need to strengthen Iran's share in global export markets through precise planning and the development of new export markets for petrochemical products.

In a message marking arrival of New Year

NPC emphasizes renewed motivation for a bright future in petchem industry

SHANA (Tehran) – In a message marking the arrival of the Iranian New Year 1404, the CEO of the National Petrochemical Company (NPC) expressed hope for continued progress in the industry.

NPC:

Strategic studies essential for petchem industry development

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the need to diversify target markets and identify opportunities and challenges for the development of Iran’s petrochemical industry over the next 20 years.

Iran no longer needs to import five polymer grades

SHANA (Tehran) - Arvand Petrochemical, the largest producer of PVC and chlorine chains in West Asia, has achieved a historic production record for EPVC this Iranian year, eliminating the need for the country to import five specialized grades.

NISOC, signs MoU with NIOC Exploration Directorate

SHANA (Tehran) – The National Iranian South Oil Company (NISOC) and the Exploration Directorate of the National Iranian Oil Company (NIOC) signed a cooperation agreement to collaborate on exploration, development, and production processes.

MP says petchem industry helps bypass sanctions, generate revenue

SHANA (Tehran) – The head of the parliamentary faction overseeing the oil, gas, and petrochemical industries described the petrochemical sector as one of the country's most vital industries.

NPC:

Petrochemical companies committed to returning forex to economy

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized that the petrochemical industry is committed to returning the foreign currency earned from exports to the country’s economic cycle, stating that all currency obligations of petrochemical companies have been fulfilled.

Petchem industry nears 100-m-ton production capacity: NPC

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) announced that the petrochemical industry is on the verge of reaching a production capacity of 100 million tons.

NPC head highlights leveraging strategic successes to advance petchem industry

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the importance of the Petrochemical Industry Excellence Award, stating that the successful presence of petrochemical companies in various fields has driven industry players toward excellence and progress.

Localization of reactor prevents millions of dollar outflow

SHANA (Tehran) – The first domestically produced methanol synthesis reactor, which has been localized to prevent tens of millions of dollars outflow, was installed at the second phase of the Sabalan Petrochemical Complex.

NPC:

Over $9b from petchem exports returned to national economy

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) announced that the total exports of the petrochemical industry over the past 11 months amounted to approximately $12 billion, of which $9.14 billion reinjected into the country’s economic cycle.

Bandar Imam Petrochemical Company exports grow by 44%

SHANA (Tehran) – Bandar Imam Petrochemical Company (BIPC) has broken its six-year export record in the first 11 months of this year (March 20, 2024-February 18, 2025).

New downstream petchem projects to be introduced

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) announced that several new projects aimed at developing downstream petrochemical industries will soon be introduced across the country. These projects will take into account regional planning, existing infrastructure, and the availability of feedstock and water resources for investment.

Monitoring system unveiled to boost production at five oil fields

SHANA (Tehran) – A new monitoring system aimed at advancing development projects and increasing production at the Aban, Paydar Gharb, Cheshmeh Khosh, Dalpari, and Paydar Sharq oil fields was unveiled Wednesday.

Working under sanctions is challenging, but solutions exist: PGPIC

SHANA (Tehran) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) emphasized the implementation of new plans to sustain the country's economic momentum, stating that serious solutions for financing must be found even under sanctions. While sanctions bring difficulties, it cannot be said that there are no solutions.

NPC head visits development projects in Makoran region

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) visited the progress of petrochemical industry development projects in the Makoran region and emphasized the necessity of completing the value chain in the area.

Aryasasol Polymer Company expands export markets to 32 countries

SHANA (Tehran) – The CEO of Aryasasol Polymer Company announced that the company’s export markets have expanded to 32 countries, up from 16 countries in 2022, driven by direct sales.

Iran achieves self-sufficiency in designing, manufacturing advanced control valves

SHANA (Tehran) – For the first time in the country, domestic experts, with the support of Arvand Petrochemical Company, have successfully designed and manufactured an advanced control valve, marking a significant step toward industrial self-sufficiency and reducing reliance on imports in the oil, gas, and petrochemical industries.

Innovative solutions explored to enhance safety in petchem industry

SHANA (Tehran) – A specialized meeting of health, safety, and environment (HSE) managers from petrochemical companies across the country was held to address challenges, exchange experiences, and present innovative solutions aimed at enhancing safety and promoting sustainable development in the petrochemical industry.

MP: Issues facing Abadan Petrochemical Company to be addressed

SHANA (Tehran) – The head of the Energy Committee of the Parliament stated that efforts are underway to resolve the challenges and obstacles facing the Abadan Petrochemical Company, emphasizing that its production is a critical national need.

Most comprehensive park of methanol chain launched at Mehr Tab Parsian Petrochemical

SHANA (Tehran) – The CEO of Mehr Tab Parsian Petrochemical Company described a project by his company as the most comprehensive park for producing methanol-derived products, aimed at completing the methanol production chain within subsidiary companies.

Third PetroTech Conference:

Technology in oil industry for boosting national wealth

SHANA (Tehran) – The deputy minister of oil for engineering, research, and technology stated that the Third PetroTech Conference is an opportunity for synergy between the oil industry, new technology-based firms (NTBFs), and researchers.

12 petchem projects underway in Kangan

SHANA (Tehran) – The CEO of the National Petrochemical Industries Company announced that 12 petrochemical projects, valued at $10 billion, are currently being implemented in Kangan.

Petrochemical industry capacity to increase by 37m tons

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) announced that 28 petrochemical projects are currently underway in the Asaluyeh and Kangan regions.

President inaugurates polymer production units at Padjam Polymer Development Company

SHANA (Tehran) – Production lines 3,000 and 4,000 of the ABS unit at Padjam Polymer Development Company were inaugurated via video conference under the directive of President Masoud Pezeshkian.

Bandar Imam Petrochemical Company invests $150m in Hoveyzeh Persian Gulf Refinery

SHANA (Tehran) – The CEO of Bandar Imam Petrochemical Company announced the construction of two pipelines and the completion of the second phase of the Hoveyzeh Persian Gulf Gas Refinery, funded by a $150 million investment from the company.

Petchem industry aims to complete value chain, reduce raw material sales: NPC

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) stated that the industry's goal is to complete the value chain and reduce the sale of raw materials.

Continuous monitoring brings stability to petchem market: NPC

SHANA (Tehran) – The deputy oil minister emphasized that continuous monitoring and accurate reporting on the petrochemical market’s conditions help stabilize the market.

NPC:

Petchem industry plays key role in energy consumption optimization

SHANA (Tehran) – The deputy minister of oil emphasized the importance of optimizing energy consumption, stating that addressing imbalances and ensuring a stable supply of feedstock for industries requires broad societal cooperation and a shift in consumer behavior.

Petchem Industry: A key player in Iran’s economy

SHANA (Tehran) – Iran’s petrochemical industry has made significant strides over the past four decades, not only surpassing domestic needs but also becoming one of the country’s most vital sources of foreign currency. The industry now generates an annual revenue exceeding $23 billion.