NPC
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Only 15% of Iran’s petchem investments come from genuine private sector players
SHANA (Tehran) – The National Petrochemical Company’s managing director said the industry is focusing on attracting investment from genuine private sector players, noting that only about 15% of the $92 billion invested in Iran’s petrochemical sector so far has come from real private investors.
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Formation of seventh development plan committee at NPC
SHANA (Tehran) – The National Petrochemical Company (NPC) has established a specialized committee dedicated to the implementation of Iran’s Seventh Development Plan, emphasizing its importance for the petrochemical sector, the company’s CEO announced.
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Digital mindset key to petrochemical industry’s growth
SHANA (Tehran) – Hossein Alimorad, director of planning and development at the National Petrochemical Company (NPC), emphasized the need to redefine governance structures and institutions to achieve digital governance, saying that fostering a digital-oriented mindset is essential for realizing digital transformation.
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NPC, ICT Ministry collaborate on education equity, smart schools
SHANA (Tehran) – The National Petrochemical Company (NPC) has been tasked by the president to work with the Ministry of Information and Communications Technology (ICT) on promoting education equity and smart schools, NPC Managing Director Hassan Abbaszadeh announced. The initiative is currently underway, with results expected in the coming months.
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Research and tech: Petchem industry’s smart development arm
SHANA (Tehran) — The National Petrochemical Company’s (NPC) managing director described the Petrochemical Research and Technology Company (PRTC) as a valuable asset for the industry and called for the optimal use of its knowledge-based capacities to advance the sector.
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Land use planning decree for petrochemical industry enforced
SHANA (Tehran) – The executive decree on land use planning for the petrochemical industry has been officially communicated to petrochemical holding companies and firms, according to the National Petrochemical Company (NPC).
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Methanol value chain projects planned for Lamerd Economic Zone
SHANA (Tehran) – The head of the National Petrochemical Company (NPC) highlighted the strategic role of the Lamerd Special Economic Zone in advancing Iran’s petrochemical industry and reducing crude sales, announcing extensive plans to complete the methanol value chain in the region.
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Completing the value chain, key to petchem industry growth
SHANA (Tehran) – The CEO of the National Petrochemical Company emphasized the importance of completing the value chain in Iran’s petrochemical sector, saying that Fars Province offers favorable conditions for establishing small-scale, low-water-consuming industrial units. He noted that several gas and industrial companies are currently investing in the southern part of the province.
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Easing investment in petrochemical industry necessary
SHANA (Tehran) – The head of Iran’s National Petrochemical Company stressed the need to attract new investments and boost production, urging the use of all available capacities to finance petrochemical projects.
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Parliament’s Energy Committee reviews statutes of refining, petrochemical firms
SHANA (Tehran) – The spokesman for Parliament’s Energy Committee said Monday the panel reviewed draft statutes for the National Iranian Oil Refining and Distribution Company and the National Petrochemical Company.
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Sustainable petchem production tied to stronger state-industry coop
SHANA (Tehran) – The head of Iran’s National Petrochemical Company stressed the need for cooperation between the state and petrochemical companies to ensure sustainable production, saying that the new Commission for Arbitration Development in the industry could help strengthen alignment among sector players.
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Petchem industry saves 1.7 bcm of gas through efficiency measures
SHANA (Tehran) – The energy optimization director of the National Petrochemical Company announced that 1.7 billion cubic meters of gas have been saved over the past four years through efficiency projects.
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Private sector holds 15% share in Iran’s petrochemical industry
SHANA (Tehran) – About 15% of Iran’s petrochemical industry is currently controlled by the private sector, the head of the National Petrochemical Company said Monday, expressing hope that the share will increase by the end of the country’s Seventh Development Plan.
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NPC chief urges energy conservation, highlights value creation from gas
SHANA (Tehran) – The head of Iran’s National Petrochemical Company stressed the need to promote energy conservation, saying the petrochemical industry plays a key role in creating value from natural gas through feedstock use and value-chain development.
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NPC launches new product specification system
SHANA (Tehran) – The National Petrochemical Company (NPC) unveiled a new system Wednesday designed to standardize and bring transparency to the technical specifications of its products.
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Petrochemical sector key to national economy amid sanctions
SHANA (Tehran) – The petrochemical industry is central to supporting the national economy, said the secretary-general of the Petrochemical Industry Employers Association.
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Persian Gulf Holding takes major strides to complete value chain
SHANA (Tehran) – The CEO of Persian Gulf Petrochemical Industries Co. said the petrochemical industry holds a distinguished place in the national economy, stating that the holding company has taken major strides toward reducing the sale of raw materials and producing diverse products by implementing large development projects and moving to complete the value chain.
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Iran to ratify first private petchem contract for gas field development
SHANA (Tehran) – The first petrochemical contract for the development of gas fields will be ratified soon, the CEO of the National Petrochemical Company said Monday.
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Iran aims to boost polymer production to 16m tons by 2028
SHANA (Tehran) – The production capacity of polymer products is projected to reach 16 million tons by the end of Iran's Seventh Development Plan (2028), according to the CEO of the National Petrochemical Company.
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IranPlast 2025 expo kicks off in Tehran
SHANA (Tehran) – The 19th IranPlast International Exhibition opened on Monday, at the Tehran Permanent International Fairgrounds.
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Unprecedented growth ahead for Iran’s petchem industry by 2028
SHANA (Tehran) – The capacity of Iran’s petrochemical industry is set to jump by 35 million tons, reaching 131.5 million tons by the end of the Seventh Development Plan through the completion of 66 projects. This growth will not only expand output but also significantly enhance Iran’s global position in the sector.
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Developed countries hold the lion's share for plastic pollution crisis
SHANA (Tehran) – The CEO of the National Petrochemical Company stated that developed countries have the greatest responsibility for the plastic pollution crisis and, therefore, must be committed to addressing the issue, emphasizing that the global plastics treaty should focus on the transfer of technologies for recycling and waste management.
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Iran produces 32m tons of petrochemicals in five months, Exports $5.5b
SHANA (Tehran) — Iran produced 32 million tons of petrochemical products from March 21 through August 22 despite challenging conditions, the head of the National Petrochemical Company said Wednesday.
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Iran’s petrochemical sector set for major expansion
SHANA (Tehran) – Iran’s petrochemical industry is preparing for unprecedented growth in 1404, with 15 new production projects set to begin operations alongside the launch of several new products. Officials say the developments mark a major step toward the goals of the Seventh Development Plan and a more balanced value chain.
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Fueling an 8% growth target: Petchem industry's 131m-ton goal
SHANA (Tehran) – The petrochemical industry, aligning with the annual slogan and the objectives of the 7th Development Plan (2024-28), has set its sights on reaching a nameplate capacity of 131 million tons.
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Iran’s petrochemical industry invests $10b in Chabahar
SHANA (Tehran) – The head of Iran’s National Petrochemical Co. (NPC) said the company is ready to welcome investors in the southeastern port city of Chabahar, where about $10 billion has already been invested, creating capacity for more than 10 million tons of petrochemical production.
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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.
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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.
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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.
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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.