Petrochemical
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NPC To Accelerate Collecting Associated Gases
SHANA (Tehran) - The process of gathering associated gases will accelerate this year so that the majority of petrochemical complexes' gas flares will be turned off at the end of the current Iranian calendar year on March 20 2025.
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Oil Sector Leads Economic Growth
SHANA (Tehran) - Last year’s rising rate of economic growth was the result of considerable achievements in the oil sector.
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NPC chief says 12 petrochemical projects will come on stream by mid-March 2025
SHANA (Tehran) – Iran’s National Petrochemical Company (NPC) managing director said on Saturday 12 projects will become operational by the end of the Iranian calendar year of 1403 (March 20, 2025).
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Top petrochemical officials meet to realize New Year’s slogan
SHANA (Tehran) – The top officials of Iran’s petrochemical sector hold a meeting in Tehran on April 7, 2024 to help realize the slogan of 1403 solar year (starting March 20, 2024): “Surge in Production Through People’s Participation”.
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Iran’s annual petrochemical exports to hit 29m tons, NPC chief estimates
SHANA (Tehran) – Iran’s deputy oil minister estimated the country’s petrochemical exports will reach 29 million tons by the end of the current Iranian calendar year (March 19, 2024).
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Owji: Five big petrochemical projects to come on stream within two months
SHANA (Tehran) – Iran’s Oil Minister Javad Owji said on Wednesday five big petrochemical projects will become operational by the end of the current Iranian calendar year (March 19, 2024).
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Iran’s petchem industry welcomes but does not wait for foreign investment: Deputy oil minister
SHANA (Mahshahr) – Iran’s National Petrochemical Company (NPC) managing director said on Tuesday the country’s industry welcomes foreign investment but does not wait for foreign companies’ participation in its development projects.
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Iran petchem output capacity set to hit 110 mt/y
Iran’s petrochemical industry is a key non-oil revenue generator. Despite oil sanctions, Iranian petrochemical manufacturers have managed to find new markets and have invested in the downstream sector to earn Iran hard currency revenue. Iran’s petrochemical industry production capacity stands at 92 million tonnes a year (mt/y). So far, $85 billion have been invested in this industry. The National Petrochemical Company (NPC) plans to invest another $15 billion within two years to bring the production capacity to 110 mt/y. Hassan Abbaszadeh, NPC’s director of planning and development, told Iran Petroleum the country's petrochemical production capacity would reach 200 mt/y by the end of the 8th National Economic Development Plan.
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Shahid Soleimani Refinery-Integrated Petrochemical Plant executive operations to start in few months: Official
SHANA (Tehran) – The National Iranian Oil Refining and Distribution Company (NIORDC) managing director on Saturday said the executive operations of Shahid Soleimani Refinery-Integrated Petrochemical Plant will begin within the next few months.
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Petchem industry fetched Iran $61b in five years, says APIC SG
SHANA (Tehran) – Iran's Association of Petrochemical Industry Corporation (APIC) secretary general said domestic petrochemical industry has fetched $61 billion over the past five years.
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NPC head's visit to Mokran Petrochemical Town
SHANA (Tehran) – Iran’s National Petrochemical Company (NPC) Managing Director Morteza Shahmirzaei, accompanied by journalists, pays a visit to Mokran Petrochemical Town in Chabahar, southeastern province of Sistan and Baluchestan, on December 27, 2023.
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Iran’s annual petrochemical production capacity to top 95 million tons, says NPC chief
SHANA (Tehran) – Iran’s annual petrochemical production capacity will surpass 95 million tons (mt) by the end of the current Iranian calendar year (March 19, 2024), said the National Petrochemical Company (NPC) managing director.
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Tehran refinery to integrate petrochemical plant
The Tehran oil refinery plans to build an integrated petrochemical plant in line with the global perspective of refined petroleum products. Due to its proximity to the Iranian capital, the facility is also planning to upgrade the quality of its products by establishing a continuous catalytic reforming (CCR) unit. CCR is a chemical process that converts petroleum refinery naphtha distilled from low-octane oil into high-octane liquid products called reformates, which are premium blending stocks for high-octane gasoline.
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Over 80% of equipment used in Iran petchem projects homegrown: NPC chief
SHANA (Tehran) – More than 80 percent of equipment and products used in Iran’s petrochemical projects are supplied by domestic companies, said the National Petrochemical Company (NPC) managing director on Wednesday.
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Iran’s petrochemical chief says $4.2b will be invested in self-sufficiency projects
SHANA (Tehran) – Iran’s National Petrochemical Company (NPC) managing director on Thursday said $4.2 billion will be invested in domestic projects to attain self-sufficiency and complete the industry’s value chain.
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Iran’s Owji says will discuss petrochemical exports to SCO member states in Kyrgyzstan
SHANA (Tehran) – Iranian Oil Minister Javad Owji said on Wednesday he will hold talks on exporting Iranian petrochemicals and other necessary products to the Shanghai Cooperation Organization (SCO) member states in Kyrgyzstan.
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Khorasan Petrochemical Company named Iran’s National Exemplary Exporter
SHANA (Tehran) – Khorasan Petrochemical Company (KHPC) was named the National Exemplary Exporter of Iran.
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Iran’s annual petrochemical output to reach around 78 million tons: NPC chief
SHANA (Tehran) – Iran’s petrochemical production will reach around 78 million tons by the end of the current Iranian calendar year (March 19, 2024), said the National Petrochemical Company (NPC) managing director on Sunday.
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IranPlast International Exhibition to help complete petrochemical value chain: Director
SHANA (Tehran) – The director of the 17th International Exhibition of Plastics, Rubber, Machinery and Equipment, commonly known as IranPlast International Exhibition, on Tuesday said the event will pave the way for completing the value chain of the petrochemical industry.
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NPC head: Foreign countries keen to cooperate with Iran in petrochemical sector
SHANA (Tehran) – The National Petrochemical Company (NPC) managing director on Saturday said some foreign countries have called for cooperation with Iran in the petrochemical sector.
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Inauguration ceremony of Gachsaran Petrochemical Complex
SHANA (Tehran) – The inauguration ceremony of Gachsaran Petrochemical Complex in southwestern province of Kohgilouyeh and Boyer-Ahmad is held in the presence of President Seyyed Ebrahim Raeisi and Oil Minister Javad Owji on July 17, 2023.
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NIGC head: Iran’s annual ethane output to hit 5m tons
SHANA (Tehran) – The National Iranian Gas Company (NIGC) managing director on Monday said the country’s annual ethane production will reach five million tons in the near future.
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APIC: Five-year petchem exports fetched Iran $61b despite sweeping sanctions
SHANA (Tehran) – Iran has earned $61 billion by exporting 120 million tons of petrochemical products from 2018 to 2022 amid growing sanctions, said the Association of Petrochemical Industry Corporation (APIC) deputy head on Monday.
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Owji says Iran will help Venezuela restore 12 Mt/y petrochemical production capacity
SHANA (Tehran) – Iran will help Venezuela restore its 12-million-ton-per-year (Mt/y) petrochemical production capacity, said Oil Minister Javad Owji on Tuesday.
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Ambassador: Favorable opportunity created for Iran-Russia petrochemical cooperation
SHANA (Tehran) – Iran’s ambassador in Russia on Sunday said a favorable opportunity has been created for Tehran-Moscow cooperation in the petrochemical sector.
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Iran exports petchems under own brand
CEO of National Petrochemical Company (NPC) Morteza Shahmirzaei has announced plans for exporting “Iranian-branded” petrochemical products in the current calendar year.
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Iran Oil Show 2023 wraps up
SHANA (Tehran) -- The 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2023, wraps up on Saturday, May 20, 2023. The photos show the last day of the exhibition.
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Deputy oil minister participates in press conference
SHANA (Tehran) -- Iran’s Deputy Oil Minister and Managing Director of National Petrochemical Company (NPC) Morteza Shahmirzaei participates in a press conference at the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2023, on Saturday, May 20, 2023.
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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.
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Deputy oil minister visits Iran Oil Show 2023
SHANA (Tehran) – Deputy Oil Minister for Planning, Houshang Falahatian, pays a visit to the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2023, on Saturday, May 20, 2023.