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.

Digital transformation to enhance safety in petchem industry

SHANA (Tehran) – The head of safety and firefighting at National Petrochemical Company announced that digital transformation and artificial intelligence strategies will be added to future safety and firefighting programs in the petrochemical industry.

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.

NPC: 15 petchem projects worth $6b to come online in 1404

SHANA (Tehran) –The CEO of the National Petrochemical Company announced the launch of 15 petrochemical projects worth $6 billion in 1404 (2025-26), adding three new products to Iran’s petrochemical portfolio.

Petchem industry boosts market position through diversification

SHANA (Tehran) – The head of international affairs at Iran’s National Petrochemical Company (NPC) emphasized the company’s focus on expanding export markets and enhancing its bargaining power in global trade.

Increased use of Iranian-made equipment in petchem projects

SHANA (Tehran) – The deputy oil minister for petrochemical affairs emphasized support for domestically manufactured equipment and prioritizing its procurement, stating that the use of local equipment in petrochemical development projects will rise from about 75% to approximately 80%.

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:

Russia’s lowered import tariffs present new opportunity for petchem industry

SHANA (Moscow) – The CEO of Iran’s National Petrochemical Company announced that Russia has reduced import tariffs on petrochemical products from around 20% to 4%, calling it a significant step in expanding Iran’s exports to Russia.

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.

Oil industry requires cutting-edge technologies

SHANA (Tehran) – The former CEO of Iran’s National Petrochemical Company (NPC) emphasized that the oil industry requires investment and access to global advanced technologies, stating: "Developing and investing in the oil industry is not a choice but a critical necessity."

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.

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.

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.