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.

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:

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.

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.

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.

Accelerating petchem industry development with new technologies, innovative thinking

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) stated that the petrochemical industry can accelerate its development by managing research, utilizing global knowledge and advanced technologies, and adopting innovative thinking and modern structures.

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.

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.

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.

Diversify petrochemical feedstock, urges NPC chief

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the need to diversify the feedstock basket for petrochemical plants to ensure sustainable production as new projects come online.

NPC head:

Petchem industry embodies oil sector's value chain

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) highlighted the leap in the petrochemical industry’s growth, aligned with the reduction of crude oil sales, as the most significant achievement in the oil industry’s value chain, stating that “The petrochemical industry embodies the oil industry’s value chain.”

NPC announces $30b petrochemical investment in Mahshahr Region

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) announced an $80 billion investment in the petrochemical industry, stating that $30 billion of it has been allocated to the Mahshahr region.

NPC:

Full capacity must be used to reduce unprocessed material sales

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) stated that the company is ready to support industry players working to complete the value chain, emphasizing the need to utilize all available capacities to reduce the sale of raw materials.

NPC urges access to new markets for expanding petchem exports

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the importance of utilizing all available capacities in the country to develop and diversify export markets with the goal of expanding exports.

Bushehr Petrochemical Company produces nearly 3m tons of products in nine months

SHANA (Tehran) – Bushehr Petrochemical Company produced approximately 3 million tons of petrochemical products and over 547 million cubic meters of utility services in the first nine months of the current Iranian year (started March 20, 2024).

MoU signed on managing gas consumption

SHANA (Tehran) – The National Petrochemical Company (NPC) and Zagros Petrochemical Company signed a memorandum of understanding (MoU) to leverage Zagros Petrochemical's resources in support of a campaign aimed at reducing household and commercial gas and electricity consumption by 10%.

NPC:

Survival of petrochemical industry dependent on innovation

SHANA (Tehran) – The managing director of the National Petrochemical Company (NPC) emphasized that the survival of the petrochemical industry relies on innovation, adding that this sector presents a significant market opportunity for domestic manufacturers.

NPC Exports $4b of Petrochemicals

SHANA (Tehran) -The CEO of the National Petrochemical Company (NPC), Hassan Abbaszadeh, outlined the petrochemical industry's performance during the first 100 days of the 14th government's activities.

Golden Global Chances for Iran Petchem

SHANA (Tehran) - The Petrochemical sector is closely connected not only with oil industry activities but with the whole economy in view of creating jobs, economic growth and foreign currency revenues; and that is why, in the following report, "Iran Petroleum" has taken a look at the sector's performance and its future.

Petrochemicals Natural Gas Needs Reaching 168 mcm/d

SHANA (Tehran)—With the implementation of the 7th National Development Plan, the total gas required by the petrochemical industry is estimated to reach 168 million cubic meters daily.

Head of NPC Appointed

SHANA (Tehran) - Iranian minister of petroleum Mohsen Paknejad appointed Hassan Abbaszadeh as the acting head of the National Petrochemical Company (NPC).

CEO of NPC:

Petrochemical Sector Has Left Behind Dependency

SHANA (Tehran) - Iran’s petrochemical industry has left behind 116 years of dependence on catalysts and is nearing the culmination of its progress.

Paknejad Wielding Problem-Solving Approach

SHANA (Tehran) - The former managing director of the National Petrochemical Company (NPC) Behzad Mohammadi has described the proposed petroleum minister as a capable manager with deep knowledge of the oil industry.

Self-Sufficiency A Priority of the 13th Administration

SHANA (Tehran) - The Deputy Minister of Petroleum for Petrochemicals called self-sufficiency in producing petrochemical products one of the priorities of the outgoing 13th administration.

Gas Flares Expected to Be Shut Down for Ever Next Year

SHANA (Tehran) - The burning of natural gas as a national wealth is expected to end next year.

NPC Taking the Final Steps To Localize Catalysts

SHANA (TEHRAN) - Managing director of the National Petrochemical Company (NPC), Morteza Shahmirzaie, says that the petrochemical sector provides a lot of its needs to catalysts from within the country.