Shana

NPC calls for balanced petchem development, warning against short-term fixes

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the need to revise the development model of the petrochemical industry, stating that a more comprehensive approach is required to fully integrate the value chain and prevent resource wastage—one that ensures balance across the chain and avoids decisions influenced by short-term considerations.

Tax incentives for AI development in petchem industry

SHANA (Tehran) – The advisor to the CEO of the National Petrochemical Company (NPC) announced efforts to create a data lake to leverage artificial intelligence capabilities in the petrochemical industry, adding that tax incentives have been proposed to accelerate the process.

PGPIC secures license for largest capital market financing via securities

SHANA (Tehran) – The CEO of Persian Gulf Petrochemical Industries Corporation (PGPIC) announced that the holding company has over $12 billion in unfinished projects, stating that a license for the largest capital market financing through securities has been obtained to realize the goal of "investment for production."

Digitalization: A strategic imperative for the future of petchem industry

SHANA (Tehran) – The adoption of cutting-edge technologies and digitalization is a strategic necessity for the future of the petrochemical industry. Given its existing infrastructure and domestic technological capabilities, Iran can solidify its position in this global transformation by developing a cohesive strategy.

Bandar Imam Petrochemical Complex ranks first in Iran’s petrochemical production

SHANA (Tehran) – The Bandar Imam Petrochemical Complex produced more than 4.87 million tons of products in the Iranian calendar year 1403 (2024-25), achieving an 8% growth and securing the top production rank among Iran’s 72 active petrochemical plants, according to the National Petrochemical Company.

CEO: Miankaleh project has no permit from NPC

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) stated that the Miankaleh Petrochemical Project failed to obtain environmental permits from the outset and emphasized that no permit was issued by the company for the project. The matter is now under review in compliance with a formal order from the president, with a comprehensive report being prepared.

Use of Iranian expertise in Niger’s petchem projects

SHANA (Tehran) - The CEO of Iran’s National Petrochemical Company (NPC) expressed Iran’s willingness to participate in the construction of petrochemical complexes in Niger and emphasized readiness to supply urea for the African nation’s agricultural sector.  

NPC:

Petchem production capacity to hit 105m tons by year-end 

SHANA (Tehran) - The CEO of the National Petrochemical Company (NPC) announced that by the end of the Iranian calendar year 1404 (March 2026), the nominal production capacity of the petrochemical industry is expected to reach 105 million tons, with exports of approximately 34.8 million tons worth about $13.6 billion. 

Iran ready to export petchem products to Africa

SHANA (Tehran) – Iran’s first vice president announced the country’s readiness to accelerate Africa’s industrial growth through petrochemical exports.

Stability in PVC market as Arvand Petrochemical boosts production

SHANA (Tehran) – Arvand Petrochemical has significantly increased production of various PVC grades by addressing challenges and implementing development strategies, playing a key role in stabilizing Iran’s PVC market.

Karun Petrochemical Complex sets monthly isocyanate production record

SHANA (Tehran) – The manager of Karun Petrochemical Complex announced that the facility broke Iran’s monthly isocyanate production record over the past four years.

Plans underway to expand presence in Eurasian market

NPC: Petchem exports to Russia see significant growth

SHANA (Moscow) – The CEO of the National Petrochemical Company (NPC) announced a rise in petrochemical exports to Russia and the development of infrastructure to expand bilateral cooperation.

Petchem industry development focused on southern coasts: NPC

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) said the petrochemical industry is expanding along the coasts of the Persian Gulf and the Sea of Oman due to favorable infrastructure and access to open waters, with new investors being concentrated in the Makoran region.

Abadan petrochemical production resumes

SHANA (Tehran) – The utility and PVC units of the Abadan Petrochemical Complex have resumed production after resolving operational challenges.

Head of judiciary highlights forex savings through sustainable production

SHANA (Tehran) – During a visit to Hegmataneh Petrochemical in Hamedan on Monday, Judiciary Chief Gholamhossein Mohseni-Ejei emphasized the importance of reviving production units across the country, particularly this year, which has been designated as the "Year of Investment in Production."

Utilizing petchem industry capabilities to achieve the year's economic slogan

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the need to attract new investments and boost production, stating that in the "Year of Investment for Production," all available capacities in the petrochemical industry must be leveraged to realize the year's slogan.

Karoun Petrochemical Company production grows 17%

SHANA (Tehran) – The CEO of Karoun Petrochemical Company announced a 17.4% increase in production in 1403 compared to 1402.

NPC: 18 petchem projects nearing operation

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) stated that the year 1404 (2025-2026) will be the peak year of the Seventh Development Plan (2024-28), with around 18 projects worth a total of $5 billion set to become operational.

NPC:

Unfinished petchem projects to be finalized by late September

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) stated that unfinished petrochemical projects must be reviewed, adding that lawmakers have set a deadline of late September 2025 to resolve their status.

BIPC posts 36% production growth

SHANA (Tehran) – The CEO of Bandar Imam Petrochemical Complex (BIPC) announced a 36% increase in production compared to the year 1400 (2021-22) and the breaking of a six-year export record in the year 1403 (2024-25).

Role of Isfahan Refinery’s RHU Project in reducing fuel imports

SHANA (Tehran) - The CEO of Iran’s National Oil Refining and Distribution Company stated that the faster implementation of the RHU project at the Isfahan refinery will not only reduce air pollution but also increase profitability and prevent unnecessary costs associated with fuel imports.

PIDMCO ready to participate in overseas petchem projects

SHANA (Tehran) – The CEO of PIDMCO, the Petrochemical Industries Development Management Company, outlined the company’s goals and plans for engaging with new technology-based firms (NTBFs) in the new year, expressing hope to participate in at least one international project in 1404, involving technical and engineering services, execution, and commodity supply.

Localization of equipment in largest CPVC chain

SHANA (Tehran) – Arvand Petrochemical Company, which has previously localized dozens of equipment, catalysts, and chemicals, has successfully designed and produced an electric heater used in its sulfuric acid concentration unit in collaboration with domestic experts.

Petchem production capacity to increase by 9m tons

SHANA (Tehran) - The production capacity of Iran’s petrochemical industry is expected to rise by approximately 9 million tons by 1404, according to the National Petrochemical Company’s production control manager.

Bandar Imam Petrochemical Complex breaks six-year production, export records 

SHANA (Tehran) - The Bandar Imam Petrochemical Complex achieved its highest production level in six years in 1403.  

Petchem industry supports attracting new investments

SHANA (Tehran) - The caretaker of the investment management department at the National Petrochemical Company (NPC) said attracting new investments in the "Year of Investment for Production" is a key strategy aimed at boosting output and completing the value chain, adding that NPC is ready to offer full cooperation and support in this effort. 

Ilam's Arghavan Gostar Petrochemical Project nears launch

SHANA (Tehran) - The extruder unit of Ilam's Arghavan Gostar Petrochemical Project has reached its final testing phase.  

Petchem industry in 1403: From development plans to operational projects

SHANA (Tehran) – Iran’s petrochemical industry saw significant transformations in 1403, marked by development initiatives, new operational projects, and key achievements.

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.