Shana

Acting HSE director of Oil Ministry:

Petrochemical companies enjoy leading status in HSE

SHANA (Tehran) – The acting director of the Health, Safety, and Environment (HSE) Department at the Oil Ministry stated that petrochemical companies consistently lead in HSE due to their strong performance in this field.

MoU inked on leveraging petchem industry to manage gas consumption

SHANA (Tehran) – A memorandum of understanding on “Collaboration for a 10% reduction in gas and electricity consumption in residential and commercial sectors” was signed between the National Iranian Gas Company (NIGC) and the National Petrochemical Company (NPC) to promote energy efficiency and consumption management.

PGPIC head:

Int’l collaboration key to advancing petchem industry

SHANA (Tehran) – The CEO of Persian Gulf Petrochemical Industries Company emphasized the need to expedite the completion of downstream units to enhance the value chain, highlighting the critical role of international collaboration in the development of the petrochemical sector.

PGPIC CEO:

Investing in R&D key to petchem industry growth

SHANA (Tehran) – The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) said that investment in research and development (R&D) is a key driver behind the growth of major global companies and highlighted the need for forward-thinking approaches to creating wealth in the petrochemical industry.

Vice president:

Iran to initiate smart tech movement in petchem industry

SHANA (Tehran) – The vice president for science, technology, and knowledge-based economy said that his office is fully prepared to launch the artificial intelligence (AI) movement in the petrochemical industry by utilizing emerging technologies, particularly AI, to enhance productivity and reduce production costs.

Overhaul of Bandar Abbas Oil Refinery completed

SHANA (Tehran) – The managing director of Bandar Abbas Oil Refining Company in southern province of Hormuzgan announced the successful completion of major maintenance operations on the refinery’s viscosity reduction and gasoline treatment units within 22 days.

Refining, distribution sector pioneers AI-based projects

SHANA (Tehran) – The head of IT at the National Iranian Oil Refining and Distribution Company (NIORDC) highlighted the growing role of artificial intelligence (AI) in the oil and gas industry, stating it is poised to transform all facets of the sector.

Bandar Imam Petrochemical Company breaks eight-year record for feedstock intake

SHANA (Tehran) – Bandar Imam Petrochemical Company (BIPC) set an unprecedented record for daily feedstock intake during the cold season over the past eight years, receiving more than 82,000 barrels of NGL feedstock daily.

Iran to Launch 15 Petchem Projects by Yearend: NPC Chief

SHANA (Tehran) -- Iran is to launch 15 petrochemical projects by the end of the current Iranian calendar year (to end on March 20, 2025), said the managing director of National Petrochemical Company of Iran (NPC) here on Saturday.

Petchem Industry Greatest Market for Iranian Manufacturers

SHANA (Tehran) – Petrochemical projects and complexes are greatest markets for Iranian manufacturers, said The CEO of the National Petrochemical Company (NPC) here on Wednesday.

NPC head: Iran now among exporters of petrochemical technologies

SHANA (Tehran) – Iran is now among the exporters of petrochemical technologies, said the managing director of the country’s National Petrochemical Company (NPC).

Ghadir Petrochemical Company Breaks 15-Year Output Record

TEHRAN (Shana) -- Ghadir Petrochemical Company has broken a 15-year production record, according to a statement released by the company.

Iran Self-Sufficient in Car Seat Foam Production

TEHRAN (Shana) -- Karun Petrochemical Company has made Iran self-sufficient in the production of the raw materials needed for production of the foam used in car seats.

Iran 11-Month Petchem Exports hit $15b

TEHRAN (Shana) -- The director of planning and development of the National Petrochemical Company (NPC) announced the export of $15 billion of petrochemicals in first 11 months of the current Iranian calendar year which began on March 21.

Phase-2 of Assaluyeh Petrochemical Green Tanks Compony Nears Startup

TEHRAN (Shana) -- The CEO of Assaluyeh Petrochemical Green Tanks Compony said the investment made in the first and second phases has reached more than $350 million.

Winners of 9th Petchem Industry Excellence Award Announced

TEHRAN (Shana) -- The 9th Petrochemical Industry Excellence Award was held with the slogan "Knowledge-oriented, excellence, sustainable development" with the introduction of top companies.

Arvand Petchem Plant Breaks Production, Profitability Records

TEHRAN (Shana) -- Arvand Petrochemical Company, with the production of 2.58 million tons of products in the first 11 months of the current Iranian calendar year which began on March 21, set a new production record and registered a unique performance with 7.5 trillion tomans of net profit.

Foreign Ministry key in Attracting Capital to Petchem Industry

TEHRAN (Shana) – The Investment Director of the National Petrochemical Company (NPC) said: "To attract new investments in Iran's petrochemical industry, the support and capacities of the Ministry of Foreign Affairs can be benefited from."

Tondgouyan Petchem CO. Receives ISO31000:2018

TEHRAN (Shana) -- Based on the results announced by the audit group of the Iran Compliance Assessment and Monitoring Company and in the presence and supervision of the representatives of the group's risk management unit, Tondgouyan Petrochemical Company, as the first company from the Persian Gulf Petrochemical Industries Group, succeeded in establishing an integrated enterprise risk management (ERM) system.

Capacity of ECO, Shanghai Organizations Usable for Developing Petchem Exports

TEHRAN (Shana) -- The head of international affairs of the National Petrochemical Company (NPC) said the capacities of international organizations such as ECO and the Shanghai Cooperation Organization could be tapped for the development of Iran’s petrochemical exports.

Petchem Firms Mull Hydrogen Production

TEHRAN (Shana) -- Petrochemical companies invest to produce hydrogen in Iran in line with the global trend of producing this fuel.

No Concerns for Providing Petchem Catalysts in Iran: CEO

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said Iran is not worried about the supply of catalysts now because Iranian researchers have moved towards localization of the items and the risk of stopping production is not due to the lack of catalysts.”

Petchem, Petro-refinery Projects Online in 2 Years

TEHRAN (Shana) -- The Chairman of the Oil Industry Pension Funds Board said Soroush, Negin and Kangan Olefin Petrochemical Plants will come on stream by the end of the next Iranian calendar year to March 2024.

China Keen on investing $50 m in Mahshahr Petzone

TEHRAN (Shana) -- A delegation of Chinese investors visited Mahshahr Petrochemical Special Economic Zone with the aim of checking the existing infrastructure and the possibility of investing $50 million to build a carbon-sulfur production plant.

Equipment of Urea Petchem Unit Localized in Masjid Suleiman

TEHRAN (Shana) -- The high-pressure condensate pump of urea unit of Masjid Suleiman petrochemical plant was localized by the experts of the company.

98% of Petchem Catalysts Supplied Domestically: CEO

TEHRAN (Shana) -- The CEO of the Petrochemical Research and Technology Company (PRTC) announced that 98% of the catalysts of the oil industry are produced by reliable domestic companies, adding: “Iranian catalysts are currently being exported to countries in the region and are being successfully used in complexes.”

Iranian Catalysts Excel European Ones

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) underlined the export of Iranian catalysts to Russia, and said: “Iranian catalysts have excelled the European ones.”

PRTC Unveils Technological Achievements

TEHRAN (Shana) – The Petrochemical Research and Technology Company (PRTC) has unveiled five research and technological achievements it has garnered recently on the occasion of the anniversary of the victory of the Islamic Revolution.

Gachsaran Petchem Project Online Soon

TEHRAN (Shana) – An official with the Persian Gulf Petrochemical Industries Company (PGPIC) said Gachsaran Petrochemical Project was about to be launched in the near future.

98% Growth in Bou Alisina Petchem Revenue

TEHRAN (Shana) -- The financial director of Bou Alisina Petrochemical Plant, presenting the company's performance report, announced new production, sales and profitability records in the 9 months of the current Iranian calendar year which began on March 21.