NPC chief rolls out Iran petrochemical packages in foreign investment push

SHANA (Tehran) – Iran’s National Petrochemical Company (NPC) managing director said the country’s packages are ready for foreign investment.

NPC head: Iran to add 12 new petchem complexes this year

SHANA (Tehran) -- Iran will add 12 new petrochemical complexes in the current Iranian calendar year (to end March 19, 2024), National Petrochemical Company (NPC) managing director said here on Saturday.

Iran’s NPC invites investors to fund $9bn petrochemical projects

SHANA (Tehran) – Iran’s National Petrochemical Company (NPC) investment manager on Thursday invited domestic and foreign investors to fund 19 projects worth $9 billion.

NPC chief: One petrochemical project to be inaugurated each month

SHANA (Tehran) – The managing director of Iran’s National Petrochemical Company (NPC) on Monday announced that one petrochemical project will be inaugurated on average each month of the current Iranian calendar year starting March 21..

NPC official: BRICS members to meet at IPF in May

SHANA (Tehran) – The group of Brazil, Russia, India, China and South Africa (BRICS) will for the first time attend the Iran Petrochemical Forum (IPF), announced a National Petrochemical Company (NPC) official here on Monday.

Deputy minister: Annual petchem sales fetch $26b

NPC head: Iran Petrochemical Forum an opportunity for indigenizing technologies

SHANA (Tehran) – The National Petrochemical Company (NPC) managing director Wednesday said the upcoming Iran Petrochemical Forum (IPF) will provide a good opportunity to acquire the world’s modern technical know-how and indigenize technologies.

NPC head: Iran a market for long-term investments

SHANA (Tehran) – The National Petrochemical Company (NPC) managing director said Iran is a market for long-term investments.

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).

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.”

CEO Calls on Petchem Investors to Tap Domestic Capabilities

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) addressed the executives and investors of petrochemical projects, and said: “Try to use the abilities, knowledge and capacities of domestic companies more than before.”

Petchem Self-Sufficiency, Definitive NPC Policy

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) called self-sufficiency in the petrochemical industry as the definitive policy of the company, and said: “An integrated planning has been done to bring the missing links of the petrochemical value chain products inside with the cooperation of various sectors.”

Efforts underway to Prevent Petchem Feedstock Supply Shortages

TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) emphasized the importance of sustainable energy supply and production management in the petrochemical industry, saying: “We are trying to increase the supply of petrochemicals so that the complexes do not face gas restrictions in the cold season of the year.”

Iran Catalysts Selling in Russia

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC), referring to the negotiations that have been held since April this year with Russian delegations for the export of Iranian catalyst to Russia, announced that one ton of Iranian catalyst is being successfully used in Russian petrochemical complexes, and Russian companies have registered new orders for catalysts.

CEO Stresses Necessity of Creating Sufficient Incentives for Human Capital

TEHRAN (Shana) -- The CEO of the National Petrochemical Company, while emphasizing the need to create sufficient motivation for human capital, said: "It is planned that all the products and equipment of the petrochemical industry be internalized within the next seven years."

Condensate Revenues to be dwarfed by Petchem Income: Official

TEHRAN (Shana) – Iran’s petrochemical industry will rake in millions of dollars once new petrochemical compounds come online in the country by 2025, which will dwarf revenues from export of gas condensate, a senior oil official said.

Petchem Feedstock Challenges Solvable with NIOC, NIGC Support: CEO

TEHRAN (Shana) – The CEO of the National Petrochemical Company announced the interaction and cooperation between National Iranian Oil Company (NIOC) and National Iranian Gas Company (NIGC) in order to solve the challenges of providing feedstock for petrochemical companies.

Iran Petchem Industry Ready to Attract Foreign Investors

TEHRAN (Shana) – The CEO of Iran’s National Petrochemical Company (NPC) announced on Monday that packages are ready to attract foreign investment in Iran’s petrochemical industry.

6 Petchem Projects Online in 1401

TEHRAN (Shana) -- The director of planning and development of the National Petrochemical Company said: "According to the plans, 6 petrochemical projects will come on stream this [calendar] year (which began on March 21)."

NPC CEO: Knowledge-Based Companies Play Major Role in Developing Petrochemical Processes

TEHRAN (Shana) – Iran’s National Petrochemical Company (NPC) managing director on Saturday said knowledge-based companies play a leading role in developing complicated petrochemical processes and creating the added value.

Deputy Min. Outlines NPC Plans

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) announced the realization of the production plan of the petrochemical industry for the previous calendar year, which ended on March 20, and said: "The NPC status has become much stronger after privatization and can be more dynamic today than before, provided more precise planning, monitoring and control."

Director Projects at NPC Appointed

TEHRAN (Shana) -- The CEO of the National Petrochemical Company appointed Ahmad Shokri as the director of projects of the company.

Head of NPC Legal Affairs Appointed

TEHRAN (Shana) -- The CEO of the National Petrochemical Company issued a decree appointing Fatemeh Nateghi as the head of legal affairs of the company.

Iran to Double Petchem Output by 2032

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) announced that the production capacity of Iran's petrochemical output will more than double by 2032.

Iran Eyes 200 mt/y Petchem Output by 2032

TEHRAN (Shana) -- The Deputy Minister of Petroleum for Petrochemical Affairs said: “The installed capacity of the petrochemical industry will reach more than 140 million tons by the end of the seventh development plan and in a 4-year horizon and by the end of the eighth plan about 200 million tons per year.”

$35 b Petchem Projects Underway

TEHRAN (Shana) -- The CEO of the National Petrochemical Company stated: "We have about 70 projects underway in this industry, which are worth about 35 to 36 billion dollars, and with the help of the Petrochemical Research and Technology Company and knowledge-based companies, we can carry out these plans."

Iran Eyes Self-Sufficiency in Main Petchem Catalysts by 2023

TEHRAN (Shana) -- The CEO of the Petrochemical Research and Technology Company announced breaking of the monopoly of foreign companies in supplying the catalysts needed by the petrochemical industry, and said: “Iran will not need to import the main catalysts of the petrochemical industry by 2023.”