Stability in PVC market as Arvand Petrochemical boosts production

SHANA (Tehran) – Arvand Petrochemical has significantly increased production of various PVC grades by addressing challenges and implementing development strategies, playing a key role in stabilizing Iran’s PVC market.

Karun Petrochemical Complex sets monthly isocyanate production record

SHANA (Tehran) – The manager of Karun Petrochemical Complex announced that the facility broke Iran’s monthly isocyanate production record over the past four years.

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.

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.

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 head highlights leveraging strategic successes to advance petchem industry

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the importance of the Petrochemical Industry Excellence Award, stating that the successful presence of petrochemical companies in various fields has driven industry players toward excellence and progress.

Bandar Imam Petrochemical Company exports grow by 44%

SHANA (Tehran) – Bandar Imam Petrochemical Company (BIPC) has broken its six-year export record in the first 11 months of this year (March 20, 2024-February 18, 2025).

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.

Deputy oil minister stresses need to institutionalize AI in petrochemical industry

Hassan Abbaszadeh made the remarks on Saturday during a ceremony to sign a cooperation agreement for the development of an AI assistant for the petrochemical industry.

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.

Kish can become petrochemical technology hub: Official

SHANA (Tehran) – The managing director of the Kish Free Zone Organization said Kish is well-positioned to become a technological hub for the oil, gas, and petrochemical industries.

AI center for oil, gas industries to be built on Kish Island

SHANA (Tehran) – The Vice President for Science, Technology, and Knowledge-Based Economy announced the construction of the first technology park and artificial intelligence (AI) center as a research and development hub for the oil and gas industries on Kish Island.

PGPIC:

Strengthening regulatory role key to resolving petchem value chain fragmentation

SHANA (Tehran) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) described the fragmentation of the petrochemical industry’s value chain as a major challenge, emphasizing that building consensus and strengthening the regulatory role, alongside a sustained focus on domestic production, are crucial solutions for the industry and the country’s economic growth.

Optimization plans offer quick solution for sustainable feedstock supply in petchem industry

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) stressed that optimization projects are a faster and more effective way to secure gas savings for a sustainable feedstock supply to the petrochemical industry.

Iran’s petchem industry generates $16b despite sanctions: MP

SHANA (Tehran) – The head of the Parliamentary Oversight Board on the Oil, Gas, and Petrochemical Industries announced that this year marks the 60th anniversary of Iran’s petrochemical industry, which has achieved the remarkable milestone of generating approximately $16 billion in revenue for the country despite sanctions.

Completing value chain, a strategic goal for Iran’s petchem industry: NPC

SHANA (Tehran) – The director of production control at the National Petrochemical Company emphasized that Iran's petrochemical industry can accelerate its development and growth by leveraging global knowledge and technology to align with its strategic goal of completing the value chain. 

Innovation and Prosperity Fund:

NTBFs could lead petrochemical industry innovation

SHANA (Tehran) – The head of the Innovation and Prosperity Fund emphasized that new technology-based firms (NTBFs) can utilize tax incentives to become a driving force for innovation in major industries like petrochemicals.

Acting HSE director of Oil Ministry:

Petrochemical companies enjoy leading status in HSE

SHANA (Tehran) – The acting director of the Health, Safety, and Environment (HSE) Department at the Oil Ministry stated that petrochemical companies consistently lead in HSE due to their strong performance in this field.

PGPIC CEO:

Investing in R&D key to petchem industry growth

SHANA (Tehran) – The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) said that investment in research and development (R&D) is a key driver behind the growth of major global companies and highlighted the need for forward-thinking approaches to creating wealth in the petrochemical industry.

Vice president:

Iran to initiate smart tech movement in petchem industry

SHANA (Tehran) – The vice president for science, technology, and knowledge-based economy said that his office is fully prepared to launch the artificial intelligence (AI) movement in the petrochemical industry by utilizing emerging technologies, particularly AI, to enhance productivity and reduce production costs.

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.

18 th Iran Plast Review

Iran Polymer Output Capacity to Hit 17 mt/y

SHANA (Tehran) - The following is a report published in Iran Petroleum's latest issue on Iran's petrochemical industry, specifically the polymer sector.

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.

Petrochemical Sector Growing 8 Percent Annually

SHANA (Tehran) - The acting head of the National Petrochemical Company (NPC) has said that, based on the previously made plans, the petrochemical industry will grow 8 percent annually over the 7th national development plan.

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).

18th Iran Plast Exhibition Kicks Off In Tehran

SHANA (Tehran) - The 18th edition of the Iran Plast International Exhibition kicked off today at the permanent location of Tehran International Exhibitions.

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.