Shana

Petchem industry key to overcoming downstream sector challenges

SHANA (Tehran) – The petrochemical industry is crucial for navigating the challenges faced by downstream industries, a National Petrochemical Co. official said Monday.

NPC should steer value chain development

SHANA (Tehran) – The CEO of Kimia Group said a comprehensive roadmap, capable managers and precise execution are three prerequisites for the sustainable development of the petrochemical industry, adding that the National Petrochemical Co. must be the architect and leader of the value chain's development.

NPC head outlines key challenges in completing value chain

SHANA (Tehran) – The head of Iran’s National Petrochemical Company said the lack of technical knowledge, feedstock, capital, implementation experience and a supportive business environment are the main obstacles to completing the country’s petrochemical value chain.

NPC calls for eco-friendly plastics in industry’s future

SHANA (Tehran) — The head of Iran’s National Petrochemical Company stressed the importance of encouraging downstream producers to manufacture environmentally friendly plastics, saying the approach must be a priority in the industry’s development plans.

Iran’s petrochemical roadmap: From value chain growth to global diplomacy

SHANA (Tehran) – The Director of Planning and Development at the National Petrochemical Company (NPC) has outlined Iran’s strategic development plans for the petrochemical sector, emphasizing the role of “petrochemical diplomacy” in achieving the industry’s growth objectives.

35m-ton jump in petchem capacity planned under Seventh Development Plan

SHANA (Tehran) – The Director of Planning and Development at the National Petrochemical Company (NPC) has announced a planned increase of 35 million tons in the country’s petrochemical production capacity through the implementation of 66 development projects under the Seventh Development Plan. He noted that in addition to expanding capacity, the plan aims to complete the value chain to reduce dependence on exports of basic products.

IranPlast 2025 sets national record on first day of booth allocation

SHANA (Tehran) – More than 11,000 square meters of space were reserved on the first day of booth allocation for the 19th IranPlast International Exhibition, setting a new record for exhibition registrations in the country, the National Petrochemical Co. said.

IranPlast 2025 to highlight domestic production, export potential

SHANA (Tehran) – The CEO of the National Petrochemical Company said the IranPlast exhibition serves as a platform to develop the domestic value chain, playing a key role in increasing non-oil exports through the production of finished goods.

Value creation through domestic, foreign participation

Strategic investment in petchem industry

SHANA (Tehran) — With the launch of several petrochemical projects in 2025, Iran’s petrochemical industry is entering a new chapter. This sector is expected to play an even more vital role in boosting non-oil exports, securing foreign exchange, creating jobs, and generating added value. However, challenges like international sanctions and funding constraints make it imperative to adopt diversified strategies for attracting both domestic and foreign investment.

Nearly 20 new petchem facilities to boost Iran’s output

SHANA (Tehran) – The director of projects at Iran’s National Petrochemical Company outlined 19 petrochemical projects expected to become operational by the end of the current Iranian year (March 2026). These include 15 production projects and four feedstock supply projects.

Petchem industry crisis production continuity directive issued

SHANA (Tehran) – The CEO of the National Petrochemical Company announced the issuance of a directive to ensure production continuity in the petrochemical industry during critical and emergency conditions, aiming for stable output and meeting the needs of downstream industries.

Petchem industry committed to meeting approved plans

SHANA (Tehran) – The planning and development director of the National Petrochemical Company (NPC) said the petrochemical sector remains firmly committed to its pre-approved goals and is seriously pursuing the implementation of its programs.

Convergence, collaboration key to sustainable production in petchem industry

SHANA (Tehran) – The CEO of National Petrochemical Company (NPC) emphasized that cooperation among petrochemical holdings and companies, along with the implementation of NPC’s approved programs during the 12-day imposed war, helped achieve planned objectives in emergency management.

Petchem industry: Iran’s strategic stronghold in times of crisis

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC), in a message, praised the selfless dedication of the industry’s employees during the 12-day attack by the Zionist regime, calling the petrochemical sector a strategic, people-centered institution and a pillar of the country in critical times.

Shahid Tondguyan Petrochemical Company denies rumors of attack

SHANA (Tehran) – Shahid Tondguyan Petrochemical Company stated that no attack has occurred at its facility and operations are continuing as usual.

Sustainable development of petchem industry in collaboration with DoE

SHANA (Tehran) - The CEO of the National Petrochemical Company emphasized that environmental protection is essential for sustainable development, stating that enhancing cooperation between the petrochemical industry and the Department of the Environment (DoE) is a priority, with joint programs already drafted and submitted.

Privatization in petrochemical industry completed

SHANA (Tehran) - The head of Iran’s Privatization Organization announced the transfer of approximately 65 petrochemical companies to the private sector and non-governmental public institutions, stressing that the government no longer holds a significant stake in the industry. 

NPC:

Full utilization of petchem industry capacity requires $18b investment

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the need for stable feedstock supply, stating that addressing challenges and fully utilizing the petrochemical industry’s potential requires an investment of approximately $18 billion.

Petrochemical Research and Technology Company focuses on commercializing technical knowledge

SHANA (Tehran) – The CEO of the Petrochemical Research and Technology Company (NPC-RT) emphasized the localization of technical knowledge for oil industry catalysts in collaboration with new technology-based firms (NTBFs) as the company’s most significant achievement.

Petchem companies invest $5b to collect gas flares

SHANA (Tehran) – The HSE director of Iran’s National Petrochemical Company (NPC) emphasized the industry’s role in reducing flare gas emissions, announcing a $5 billion investment by petrochemical companies to collect flare gases upstream and draft a strategic plan for flare gas management.

Petchem industry accounts for 19% of Iran’s industrial value-added 

SHANA (Tehran) – The petrochemical industry contributes 19% of Iran’s industrial value-added while consuming only 8% of the country’s hydrocarbon resources, said Hamidreza Ajami, investment manager at the National Petrochemical Company (NPC).  

NPC: Special contracts defined for downstream industry development

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the development of the value chain as a key priority for the petrochemical industry in the Seventh Development Plan and the 14th administration’s agenda. He noted that special contracts have been established to expand downstream industries.

University centers play key role in petchem industry development

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the importance of strong, ongoing collaboration between industry and academia, stating that this partnership facilitates the petrochemical industry’s development by leveraging global knowledge and technology.

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.